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\textcolor{GJBlue}{\large\bfseries\abstractname\space} }{% \vskip8pt \textcolor{GJMediumGrey}{\rule{\textwidth}{2pt}} \vskip16pt } \usepackage[absolute,overlay]{textpos} \makeatother \usepackage{lineno} \linenumbers \begin{document} \author[1]{Dr. Homeswar Kalita} \affil[1]{ Gargaon College, Sivasagar, Assam.} \renewcommand\Authands{ and } \date{\small \em Received: 16 December 2011 Accepted: 5 January 2012 Published: 15 January 2012} \maketitle \begin{abstract} Prior to 1991, India almost did not look to its neighbouring Eastern countries. Rather, it maintained a very close relationship with the Western and Middle East countries. Because, firstly, asa colonial habitants of the British â??" India the entire mindset of the people of India was dominated by the Socio-economic philosophy of the western countries. Secondly, India was tied up with the then USSR during the Cold War period. Thirdly, India had to import most of the imported goods from defence equipments to petroleum products or crude oil and natural gas etc. from the Western and Middle East countries. With the collapse of the Soviet Union the Cold War period came to an end when most of the nations accepted the new era of Globalisation, Liberalisation and Privatization in their economy as well as other socio-cultural fields. The nations have realized that the means to making wealth is by developing of international trade and encouragement of foreign investments etc. The South East Asian countries have also experienced with the New Economic Reform Policies as a result, there have been rapid economic development and growth in South East Asian countries. Thus with the introduction of the ?New Economic Policy 1991? India opened its door to the South East Asian countries for trade and other socio-economic activities. \end{abstract} \keywords{East Policy, Challenges and Opportunities.} \begin{textblock*}{18cm}(1cm,1cm) % {block width} (coords) \textcolor{GJBlue}{\LARGE Global Journals \LaTeX\ JournalKaleidoscope\texttrademark} \end{textblock*} \begin{textblock*}{18cm}(1.4cm,1.5cm) % {block width} (coords) \textcolor{GJBlue}{\footnotesize \\ Artificial Intelligence formulated this projection for compatibility purposes from the original article published at Global Journals. However, this technology is currently in beta. \emph{Therefore, kindly ignore odd layouts, missed formulae, text, tables, or figures.}} \end{textblock*} \let\tabcellsep& \section[{Introduction}]{Introduction}\par rior to 1991, India almost did not look to its neighbouring Eastern countries. Rather, it maintained a very close relationship with the Western and Middle East countries. Because, firstly, as a colonial habitants of the British -India the entire mindset of the people of India was dominated by the Socio-economic philosophy of the western countries. Secondly, India was tied up with the then USSR during the Cold War period. Thirdly, India had to import most of the imported goods from defence equipments to petroleum products or crude oil and natural gas etc. from the Western and Middle East countries.\par With the collapse of the Soviet Union the Cold War period came to an end when most of the nations accepted the new era of Globalisation, Liberalisation and Privatization in their economy as well as other socio-cultural fields. The nations have realized that the means to making wealth is by developing of international trade and encouragement of foreign investments etc. The South East Asian countries have also experienced with the New Economic Reform Policies as a result, there have been rapid economic development and growth in South East Asian countries. Thus with the introduction of the "New Economic Policy 1991" India opened its door to the South East Asian countries for trade and other socio-economic activities. \section[{II.}]{II.} \section[{Back Ground of the Lep}]{Back Ground of the Lep}\par Author : Associate Professor. Deptt. Of Commerce. Gargaon College, Sivasagar, Assam. P.O.-Simaluguri, Pin.-785686 (India). E-mail : dr.homeswar.kalita@gmail.com economy is largely dependent upon the oil rich Middle Eastern nations, which may be shifted to the oil and natural gas reserves found in Myanmar. This situation reached the boom in 1990 when the USSR, the most faithful partner of India was collapsed. \section[{III.}]{III.} \section[{Objectives of the Study}]{Objectives of the Study}\par The study has been undertaken with the following objectives; 1) To highlight the main areas developed out of the "Look East Policy" and 2) To examine the trade opportunities coming out of the LEP.\par IV. \section[{Methodology}]{Methodology}\par The methodology adopted in this study is quite descriptive. Required information have been collect from different books, e-books, News papers, Govt. notification etc. Inferences have been drawn with the help of simple statistical tools.\par V. \section[{Significance of the Study}]{Significance of the Study}\par The GDP growth rate and GDP per capita Income level of India is not satisfactory in comparison to other major economic players of South East Asia like-China, Japan Singapore etc. To upgrade this condition, India should try to enhance its economic activities in the SEA countries. Since the study has attempted to find out the business opportunities in the SEA countries, it is hoped that this study will help the trade, business and industry sectors to expand their activities in the SEA countries. \section[{VI.}]{VI.} \section[{Analysis of the Finding a) A brief introduction of the SEA countries:}]{Analysis of the Finding a) A brief introduction of the SEA countries:}\par A brief description about the socio-economic statistics have been highlighted in the tables 6.1 and 6. \section[{A}]{A} \section[{Year}]{Year}\par The Chinese aggressing of 1962 has taught India about its own rights responsibility and character of its rival neighbors . India was compelled to maintain strategic relationship with the SEA countries. China has maintained a close commercial and military relations with India's neighbor and rival Pakistan. It has been trying to influence Nepal, Bangladesh and Myanmar cultivating extensive trade defense and economic relation. China has adopted some anti-democratic and unethical means to expand its influence over the neighboring country of India like Myanmar, which had been criticized by the international community following the violent suppression of pro-democracy activities in 1988. On the other hand, India's domestic politics and The major developments are:-In the first phase, India tried to develop trade, Political cooperation and industrial links with ASEAN countries. India became a sectoral dialogue partner of ASEAN in 1992. In 1995, it became a full dialogue partner. It participated in the ASEAN Ministerial meeting (AMM), the post Ministerial conference (PMC) and the ASEAN Regional Forum (ARF) in July' 1996. In October 2002, the first India- \section[{Global Journal of Human Social Science}]{Global Journal of Human Social Science}\par Volume XII Issue W XIII Version I( D D D D ) A 2 32\par Year ASEAN business summit was held in Delhi, which was addressed by the then Prime Minister Atal Bihari Bajpayee. Another ASEAN -India summit was held in on 05th November 2002 at Phnom Penh (Cambodia). \section[{b. INDIA-ASEAN Regional Form (ARF) :}]{b. INDIA-ASEAN Regional Form (ARF) :}\par India became a member of the ARF in 1996. Such participation has increased India's engagement in Asia-Pacific region both in politico -security and economic spheres. India has launched several activities under this mission such as peacekeeping, marine security and cyber security. \section[{c. Bilateral Relations :}]{c. Bilateral Relations :}\par India could managed in achieving some major bilateral relations with the South East Asian (SEA) countries since launching of the LEP. High level visit of heads of states from most of these nations have taken place. India has entered into a few bilateral Free Trade Agreements with Thailand and economic cooperation agreements with Indonesia and Singapore. It has entered into bilateral defense agreement with Malaysia in 1993 which includes supply of defence equipments and military training. At the same time, special attention is being paid to Cambodia, Laos and Vietnam under bilater agreements. It is worth mentioning that Indonesia and Singapore have helped India to get into the East Asia summit despite objections from China and some other ASEAN countries. On the other hand, Myanmar has a special place from India's strategic and security perspective.\par ii. The second Phase of LEP : a. Free Trade Agreement (FTA) :\par The signing of the India-ASEAN Free Trade Agreement on 13th August 2009 at Bangkok is regarded as the cowning glory of India's LEP. The agreement was only for trade-in-goods and did not include software and information technology. Two way trade between India and ASEAN was \$ 47 billion in 2008 against the estimation of \$ 10 billion. \section[{b. ASEAN -INDIA Summit :}]{b. ASEAN -INDIA Summit :}\par The 7th ASEAN India Annual Summit was held on 24th October, 2009. The India-ASEAN Business summits are also held along-with the Annual ASEAN India summits where business delegates meet and interact to enhance the trade relations. \section[{e. Mekong Ganga Cooperation (MGC) :}]{e. Mekong Ganga Cooperation (MGC) :}\par The MGC concept was initiated by India in 2000 in Vientiane (Laos), consisting Myanmar, India, Thailand, Laws, Cambodia and Vietnam. This project aims at revitalizing and developing trade, tourism communications and transport. The MGC has undertaken the "Asian Highway Project" to link up Singapore with New Delhi in South Asia via Kuala Lumpur, Ho Chin Minh City, Phnom Penh, Bangkok, Vientiane, Chiang Mai, Yangon, Mandalay, Kalemyo, Tamu, Dhaka and Kolkutta. India has already taken the first step in this direction and has built the road linking Tamu (Manipur) to Kabenyo (Myanmar). Since January 2007, India is holding the chair of the MGC, despite the fact that China has been opposing the MGC since in perception. Under the project, a proposal is under consideration to set up the "Asian Railway Link" connecting New Delhi and Hanoi. With the MGC there is potential for direct flights between Guwahati and Ho-Chi-Minh city Imphal -Hanoi.\par f. India-Japan Bilateral strategic dialogue \& pacts -2011:\par India and Japan held the fifth External Affairs Ministerial bilateral strategic dialogue in Tokyo on 29th October 2011. At the talks, despite its own recent nuclear disaster, Japan assured India of taking forward the civil nuclear cooperation. Japan has also proposed to help in bringing high speed bullet trains to India.\par On 6th June 2011, India signed seven agreements with Japan under which Japan will provide loans worth a total of Rs. 8,632 crore would be provided as Official Development Assistance (ODA). The said loans are for various infrastructure development On February 16, 2011 the two country signed a Comprehensive Economic Partnership Agreement (CEPA) which aimed at giving greater market access to both the countries. The agreement covers trade in goods and services and investment where Japan assured India market access of pharmaceutical industry also. The CEPA ensures that the sensitive sectors for India are fully protected. These includes agriculture, fruits, spices, wheat, basmati rice, edible oils, wines and spirits, auto and auto parts. Japan has also committed to cover engineering services such as mechanical, electrical, construction, industrial, design engineers and project management specialists. Apart from that it has also agreed to grand access to additional category of instructors for Yoga practitioners, classical musical and dance practitioners chefs and English language teachers. g. India -Myanmar Bilateral ties -2011: On 14th October 2011 India's PM Dr. Singh and visiting President of Myanmar Mr. U Thein Sein held talk in New Delhi, where India sought to booster its ties with Myanmar by offering additional \$ 500 million loans. The talk agreed to examine the feasibility of establishing Railway links and speed up work on two hydel projects in Myanmar. Beside other matters, they agreed to boost up cooperation in the oil and natural gas sectors. \section[{h. India -Vietnam pacts -2011:}]{h. India -Vietnam pacts -2011:}\par On 12th day of October 2011, India and Vietnam signed six agreements which includes a pact to promote oil exploration in South China Sea. In this regard it may be mentioned here that the China raised objections to India exploring for oil in the South China Sea, claiming that it was a part of china. India and Vietnam rejected China's claim, because as per UN the Blocks belong to Vietnam. In the field of security cooperation, the two nations instituted mechanism of a biennial dialogue on security issues. The two countries also decided to increase the trade target to \$ 7 billion by 2015 from the present mark of \$ 2.7 billion. \section[{i. India -Sourht Korea agreements-2011:}]{i. India -Sourht Korea agreements-2011:}\par During the South Korea viset of Indian President Mrs. Pratibha Patil on 30th July, 2011, the two nations signed an agreement for cooperation in peaceful user of nuclear energy. The two sides also discussed the possibilities of South Korea using the India Space Research Organisation (ISRO) facilities for launching its satellistes.\par Besides, Mr. Patil also hold discussion with the representatives of the business class of S. Korea, which is home to electronic and automobile giants like LG, Samsung, Hyundai and Daewoo etc. among others. iii. The China Factor:\par It is seen that China (has been trying to keep India outside) is afraid of India for losing its big boss status and trading market in the SEA countries. China has been trying to keep India outside the SEA countries market.\par The Chinese commentators have been critical of India's LEP. A People's Daily editorial opened that India's LEP was "Born out of failure" of India trying to play the Soviet Union and the USA against each other for its own benefit during the Cold War, and that trying to do the some with China and Japan by strengthening its ties with the letter would also fail.\par China has always been considering India as its rival and trying to be the single player in the SEA countries. It has remained as the largest military supplier to Myanmar and presently to Pakistan also. Most of arms recovered from Indian Militant groups are made in China. India offered to train Myanmar's military personal and sought their cooperation in curbing separatist militant groups the drug trafficking corridor to North East India.\par In fact, China is enjoying a number of economic and military advantages over India. China's intention is to maintain its historical dominance role in Asia and also the full control of its economic destiny in the manner of a huge empire like state. The Taiwan crisis of independence, the present Japan's Senkaku islands issues are some important examples of China's ongoing bossism status.\par India's main advantages over China lies in its official recognition and use of English language, the Global Journal of Human Social Science Volume XII Issue W XIII Version I( D D D D ) A 2 34\par Year language of technology and its relatively clean state of records in economic cooperation with South East Asia. iv. Business opportunities for India in the SEA Countries:\par The business potentialities for India lying in the SEA countries can be understood by having a look on the table No. 6.2 (part -A, part B, part C) which is self explanatory to a large extent. The table tells about the International Major Trading Partners, Main Imports and main Exports of the SEA nations in brief besides the GDP and GDP Per Capita Income. India's business community can generate their export at a cheaper price with high quality items of goods and services of such kinds which have been important by the SEA nations from other trading partners. For example, Laos (country No. 3 of table 6.2 (part A) has been importing rice, foodstuff, petroleum products, machinery and transport equipments from countries like China, Russia, France, US etc. India can find a door to export its Basmati Rice, Jaha Rice, petroleum products etc. to Laos under its Free Trade Agreement pact with Laos. In the same manner, can establish more oil refineries in its NE states like Assam by acquiring Oil Blocks in Myanmar through the OVL. \section[{VII.}]{VII.} \section[{Conclusion}]{Conclusion}\par At present, the LEP has become an established policy having commitment to the SEA nations. Commerce with SEA nations accounts for almost 45\% of India's foreign trade. The policy should be wel cared and enhanced to areas like Human Resource Development, democracy and culture -where India has a comparative advantage over the Asian countries. The Nalanda University Project may play a vital role strengthening India's relation with the SEA nations.\par Another important matter is that, India is a leading country of the world in Information Technology and Management Sciences. Many SEA countries are interested to set up IIT and IIM campuses in their places.\par Tourism may play a vital role in upgrading the present status of LEP. Places of Budhist interest like Budh Gaya, Sarhath and Nalanda and places of Muslim interest like Taj Mahal, Redfort, Fateh Sikri Ajmer etc. have to be suitably promoted to attract the people of the SEA nations.\par If India can fulfill the enacted agreements with the SEA nations and fold up new ties and strategies, it will be a stabilizing and balancing force in Asia. \section[{Global}]{Global}\begin{figure}[htbp] \noindent\textbf{2}\includegraphics[]{image-2.png} \caption{\label{fig_0}2 (}\end{figure} \begin{figure}[htbp] \noindent\textbf{6} \par \begin{longtable}{P{0.4556195965417867\textwidth}P{0.06760806916426512\textwidth}P{0.0769164265129683\textwidth}P{0.15236311239193084\textwidth}P{0.05878962536023055\textwidth}P{0.03870317002881844\textwidth}} Sl.No.\tabcellsep Countries\tabcellsep Capital\tabcellsep \tabcellsep Area in Sq.Km\tabcellsep Population in crore (2010)\\ 1\tabcellsep MYANMAR\tabcellsep \multicolumn{2}{l}{Yangoon}\tabcellsep 6,76,578\tabcellsep 5.3\\ 2\tabcellsep THAILAND\tabcellsep \multicolumn{2}{l}{Bankkok}\tabcellsep 513120\tabcellsep 6.7\\ 3\tabcellsep LAOS\tabcellsep \multicolumn{2}{l}{Vientiane}\tabcellsep 236800\tabcellsep 0.63\\ 4\tabcellsep VIETNAM\tabcellsep Hanoi\tabcellsep \tabcellsep 3,31,210\tabcellsep 8.9\\ 5\tabcellsep MALAYASIA\tabcellsep \multicolumn{2}{l}{Kuwalalampur}\tabcellsep 3,29,847\tabcellsep 2.8\\ 6\tabcellsep SINGAPORE\tabcellsep \multicolumn{2}{l}{Singapore City}\tabcellsep 697\tabcellsep 0.3\\ 7\tabcellsep BRUNEI\tabcellsep \multicolumn{2}{l}{Bander Seri Begawan}\tabcellsep 5765\tabcellsep 0.04\\ 8\tabcellsep INDONESIA\tabcellsep Jakarta\tabcellsep \tabcellsep 19,04,569\tabcellsep 24\\ 9\tabcellsep PAPUA NEW GUINEA\tabcellsep \multicolumn{2}{l}{Port Moresby}\tabcellsep 462840\tabcellsep 0.6\\ 10\tabcellsep PHILIPPINES\tabcellsep Manila\tabcellsep \tabcellsep 300000\tabcellsep 9.9\\ 11\tabcellsep TAIWAN\tabcellsep Taipei\tabcellsep \tabcellsep 35980\tabcellsep 2.3\\ 12\tabcellsep N.KOREA\tabcellsep \multicolumn{2}{l}{Pyongyang}\tabcellsep 120538\tabcellsep 2.3\\ 13\tabcellsep S.KOREA\tabcellsep Seoul\tabcellsep \tabcellsep 99,720\tabcellsep 4.8\\ 14\tabcellsep JAPAN\tabcellsep Tokyo\tabcellsep \tabcellsep 377915\tabcellsep 12.7\\ 15\tabcellsep CHINA\tabcellsep Beijing\tabcellsep \tabcellsep 9596961\tabcellsep 133\\ 16\tabcellsep CAMBODIA\tabcellsep \multicolumn{2}{l}{Phnom perch}\tabcellsep 181035\tabcellsep 1.4\\ 17\tabcellsep INDIA\tabcellsep \multicolumn{2}{l}{New Delhi}\tabcellsep 3287263\tabcellsep 121\\ \multicolumn{6}{l}{Source : -GK-"ALMANAC"-2012. Edited by -S. K. Sachdeva. Pub. by-Competition Review Pvt. Ltd. New}\\ \multicolumn{2}{l}{Delhi-110008. Pages from 257 to328}\tabcellsep \tabcellsep \tabcellsep \\ \multicolumn{3}{l}{b) Area of India -ASEAN relation: The India ASEAN relationship includes cooperation in sectors such as Science \& Technology, Defence, Human Resource Development, Health \& Pharmaceuticals, Space Sciences, Agriculture, Information \& Communication technology, Transport and Infrastructure, Tourism and Culture and small and}\tabcellsep \multicolumn{3}{l}{ASEAN (Association of South East Asian Nations) countries. It has passed two phases since its inception. The first phase started in 1991 and ended in October' 2004. The second phase started from November 2004 and is being continued till the date. i. The First phase of LEP :}\\ \multicolumn{2}{l}{Medium Enterprises etc.}\tabcellsep \tabcellsep \multicolumn{3}{l}{a. Partnership with ASEAN countries :}\\ \multicolumn{2}{l}{c) Profile of Indias LEP:}\tabcellsep \tabcellsep \tabcellsep \\ \multicolumn{3}{l}{The "Industrial Policy of 24th July' 1991 is}\tabcellsep \tabcellsep \\ \multicolumn{3}{l}{known as the precursor to the Look East Policy (LEP) 0f}\tabcellsep \tabcellsep \\ \multicolumn{3}{l}{India which was initiated by the them Prime Minister}\tabcellsep \tabcellsep \\ \multicolumn{3}{l}{Narasimha Rao and Finance Minister Dr. Manmohan}\tabcellsep \tabcellsep \\ \multicolumn{3}{l}{Singh (Now Prime Minister) and followed by the}\tabcellsep \tabcellsep \\ \multicolumn{3}{l}{successive Prime Minister Atal Bihari Bajpayee and Dr.}\tabcellsep \tabcellsep \\ \multicolumn{3}{l}{Manmohan Singh. It was introduced with a view to}\tabcellsep \tabcellsep \\ \multicolumn{3}{l}{develop economic and strategic relationship with the}\tabcellsep \tabcellsep \end{longtable} \par \caption{\label{tab_0}Table 6 .}\end{figure} \begin{figure}[htbp] \noindent\textbf{} \par \begin{longtable}{P{0.85\textwidth}} d. Bay of Bengal Initiative for Multi Sectoral Tech-\\ nical and Economic Cooperation (BIMSTEC):\\ India has played leading role in this grouping. It\\ was established on 6th June 1997 taking Myanmar,\\ Thailand, Sri Lanka,\end{longtable} \par \caption{\label{tab_1}}\end{figure} \begin{figure}[htbp] \noindent\textbf{6} \par \begin{longtable}{P{0.85\textwidth}} Year\\ Volume XII Issue X" III Version I\\ D D D D ) A\\ (\\ Human Social Science\\ Journal of\end{longtable} \par \caption{\label{tab_3}Table 6 .}\end{figure} \begin{figure}[htbp] \noindent\textbf{62} \par \begin{longtable}{P{0.017221418234442835\textwidth}P{0.02460202604920405\textwidth}P{0.048589001447178\textwidth}P{0.03751808972503618\textwidth}P{0.21403762662807524\textwidth}P{0.2466353111432706\textwidth}P{0.261396526772793\textwidth}} \tabcellsep \tabcellsep GDP in\tabcellsep GDP Per\tabcellsep International\tabcellsep \tabcellsep \\ \multicolumn{2}{l}{Sl.No. Countries}\tabcellsep 2009 (US\tabcellsep Capita in\tabcellsep MajorTrading\tabcellsep Main Imports\tabcellsep Main Exports\\ \tabcellsep \tabcellsep billion \$)\tabcellsep 2010 ( US \$)\tabcellsep Partners\tabcellsep \tabcellsep \\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep Russia, China,\tabcellsep Machinery and\tabcellsep Minerals,\\ 12\tabcellsep N. KOREA\tabcellsep 40\tabcellsep 1,900\tabcellsep Japan, Hong Kong, Germany,\tabcellsep equipment, petroleum, food stuffs, cooking\tabcellsep chemicals and metallurgical\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep Singapore.\tabcellsep coal.\tabcellsep products\\ 13\tabcellsep S. KOREA\tabcellsep 1.4 Trillion\tabcellsep 28,100\tabcellsep US, European Union, Japan\tabcellsep Transport equipment, textiles, oil, grain, chemicals \& Machinery\tabcellsep Textiles, electric and electronics, steel, ships\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep Machinery,\\ 14\tabcellsep JAPAN\tabcellsep 4.2 Trillion\tabcellsep 32,700\tabcellsep US, Middle East, Western Europe, S.E. Asian Countries\tabcellsep Fosil Fuels, metal ore, raw materials, food stuffs, machinery \& Equipments.\tabcellsep vehicles, ships, steel, electronic equipments, chemicals automobiles,\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep textiles.\\ 15\tabcellsep CHINA\tabcellsep 8.7 Trillion\tabcellsep 6,600\tabcellsep US, Japan, Hong Kong, Germany, Taiwan, Macao, Singapore, Canada, C.I.S. Countries, Italy\tabcellsep Grains, chemicals, fertilizer, steel, industrial raw materials, Machinery and Equipments.\tabcellsep Agri-products, petroleum, minerals, metals, textiles, garments, telecommunicatio ns\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep Eastern Europe,\tabcellsep \tabcellsep \\ 16\tabcellsep CAMBODI A\tabcellsep 27.9\tabcellsep 1,900\tabcellsep Vietnam, Republic of CIS, Japan and\tabcellsep Food stuffs, Fuel, Machinery\tabcellsep Natural rubber, rice, paper wood\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep India\tabcellsep \tabcellsep \\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep Jems \& Jwellery,\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep Engineering\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep goods, tea,\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep US, UK, CIS\tabcellsep Machinery \& Transport\tabcellsep leather\\ 17\tabcellsep INDIA\tabcellsep 3.6 Trillion\tabcellsep 3,100\tabcellsep countries, Japan, EC, Middle East\tabcellsep equipments, Crude oil \& Natural gas, edible oils\tabcellsep manufactures, textile \& clothing,\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep fruits, petroleum\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep products, rice,\\ \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep \tabcellsep wheat.\end{longtable} \par {\small\itshape [Note: Source]} \caption{\label{tab_4}Table 6 . 2}\end{figure} \footnote{© 2012 Global Journals Inc. (US)} \footnote{India's Look East Policy : Challenges and Opportunities Ahead} \footnote{© 2012 Global Journals Inc. (US) 20} \footnote{India's Look East Policy : Challenges and Opportunities Ahead 33 © 2012 Global Journals Inc. (US)} \footnote{© 2012 Global Journals Inc. (US)} \backmatter \begin{bibitemlist}{1} \bibitem[Neog]{b1}\label{b1} \textit{AK-Look East Policy in the context of NE Region -2009. (Former Economic \& statistical Advisor, Govt. of India}, Neog . New Delhi. \bibitem[India's Look East Policy : Challenges and Opportunities Ahead]{b2}\label{b2} \textit{India's Look East Policy : Challenges and Opportunities Ahead}, \bibitem[Kupuswamy (2010)]{b0}\label{b0} \textit{Paper No.3662 5. Professor Goswami, H. Dibrugarh University -"India's LEP and prospects of Tourism Development in NE India}, C S Kupuswamy . 12th Feb' 2010. 2011. (Indias Look East Policy -A Review) \end{bibitemlist} \end{document}