Synopsis Thought it is too early to come to form conclusions about the future of relations among the various countries of our planet, one, thing is certain that relationships among the various countries big and small are undergoing basic changes. In fact, some scholars have aptly equated our hemisphere with a cosmic ship in which each country is becoming interdependent. Metaphorically speaking, if one department of this cosmic ship has any violent change, it unleashes a chain reaction on the entire ship. That, is perhaps, the reason that political and economic globalisation has entered the academic phraseology. Seen in this context from whatever angle you look at, India in this cosmic ship is beginning to occupy politically, economically and strategically a key position. The merit of this book is that it critically examines the new tendencies with all the countries on the basis of commonality of interests. If these trends in India’s foreign policy in the beginning of the present century continue, they will have a far-reaching impact on the world affairs. India, which some scholars have described as an “Emerging Asian Giant’ indeed is carving out a unique position for itself and has thrown up a new model of socio-economic change.