With its fuel reserves depleted and to prevent shortages amid the US-Israel-Iran war,Bangladesh has formally requestedan additional 50,000 metric tonnes of diesel from India over the next four months. An immediate 5,000 tonnes arrived in Bangladesh on March 10.
This is just one the several examples of how, over the years, India has emerged as the central pillar of energy security for its immediate neighbours, with the Indian Oil Corporation (IOC) and other entities supplying essential petroleum products — petrol, diesel, and ATF — to Bangladesh, Nepal, and Sri Lanka.
This‘Neighbourhood First’policy approach has transformed India into a vital energy hub, sustaining transportation, power generation, and agriculture in these nations during global supply disruptions. India’s role as a regional energy hub is a cornerstone for the economies of South Asian neighbors like Nepal, Bangladesh and Sri Lanka.
By providing a stable, reliable supply of refined petroleum products — often through dedicated cross-border pipelines — India helps these nations manage energy security, reduce transportation costs, and maintain essential services like agriculture and transport.
India is not just a supplier but a stabiliser, providing fuel during global crises.
TheNeighbourhood First Policy (NFP) is a core component of Prime Minister Narendra Modi’s foreign policy, formally launched in 2014. It prioritises strengthening relationships with India’s immediate neighbours to fosterregional stability, connectivity, and economic integration.
The policy is guided by the ‘5S’ framework:
Samman (Respect): Treating neighbours as equals.
Samvad (Dialogue): Continuous diplomatic engagement.
Shanti (Peace): Ensuring regional security.
Source: World News in news18.com, World Latest News, World News
