India flexing its muscles

Its interesting that India refused the International Aid to deal with the damages caused by the Tsunami. I always wondered if aid of this nature comes with strings attached? Maybe it does.

On the one hand, it does speak highly of India’s ability to respond to calamities of this proportion without external help. On the other , one can’t help wonder if India “really” has the ability to handle the situation. In any case, I think its a bold stance that makes India stand out, for good or for worse time will tell.

Its also interesting that the Saudis have just invited India to bid on some projects, and announced some partnerships. As the WSJ reported(subscription required) today “Saudi Arabia proposed a partnership with India in a series of big energy deals, underscoring how global petroleum markets’ center of gravity is shifting toward the vast and fast-growing Chinese and Indian markets….”

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