Linking the Indian and Pacific oceans into a single geographical space, most scholars and analysts have discussed the vaguely defined Indo-Pacific concept within a geostrategic or geopolitical frame. The flurry of analytical articles over the past year often contain common themes: containment, militarisation, and rebalancing vis-a-vis China's rise and assertiveness.

Yet, there is more to gain from a geo-economic perspective. Further, from a non-traditional security dimension, enhanced Indo-Pacific cooperation will yield significant benefits.