Isnt it unfortunate? All the effort and exercise including time and expenses down the drain. And all because of Pakistan and China. Because most other SE Asian countries did try to abide. The concept by Jawahrlal Nehru was truly an innovative one for peace and cooperation in spheres of politics and brotherhood.
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It is not correct to say that Panchsheel conference did not yield any result. The conference took place in the early fifties. The outcome was non-alignment policy, which paid rich dividends to India and many other countries. To appreciate it, one has to understand the then international conditions. In 1945, UK won the war - but lost power. The new powers were the US & USSR. But it took time for UK to realize that. UK realized it only after their misadventure in Egypt after being threatened by Russia. Nehru was the first international figure to condemn the attack. Other countries started following Nehru. In 1947, India did not have money, technology, skilled manpower and many other resources required for development. So the choice was to go to the west or USSR. West means private sector and Nehru realized that opening up the country to private sector (at that point of time) would have dangerous consequences. So the only choice was to open the door to USSR and keep the door slightly ope