The American Empire in a Changing World


Thursday, June 21, 2012

''The Curious Case of India’s Withdrawal from the South China Sea''

From ISN

''The withdrawal of ONGC Videsh Limited (OVL) from the South China Sea (SCS) has added a new facet to the existing maritime dispute in the region. The Ministry of Petroleum and Natural Gas, in a letter to the MEA dated 10 April 2012 said, “OVL’s decision to initiate relinquishment process is based purely on techno-commercial considerations.” Why did OVL withdraw now? What were the earlier stated positions? Is the timing right to make an announcement to this effect?''

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