HCS 2017: Inaugural Session: Mahendra P. Lama, Senior Expert, Institute of South Asian Studies, Sichuan University;

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Finance and investments have been forthcoming with institutions and special-purpose vehicles such as AIIB coming forward. Whereas, funds from organizations such as ADB, JICA, UN, World Bank along with private funds are going to be key in trade and investment. There are three critical issues to be considered. These initiatives will be India’s and China’s most effective entry and durable presence into the geographies, societies and economies of this region. It could change the entire matrices of cooperation in South Asia and could trigger a “new regionalism”.