Topics Covered: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora.
Sri Lanka has decided to postpone launching the proposed “travel bubble” with India, in the wake of the recent surge in COVID-19 cases in India.
What is a travel bubble?
- Creating a travel bubble involves reconnecting countries or states that have shown a good level of success in containing the novel coronavirus pandemic domestically.
- Such a bubble would allow the members of the group to rekindle trade ties with each other, and kickstart sectors such as travel and tourism.
Significance and potential:
Potential travel bubbles among better-performing countries around the world would account for around 35 per cent of the global GDP. Such arrangements are especially being favoured by smaller countries, who are likely to benefit after being able to trade again with larger partners.
- What is a travel bubble?
- Differences between travel and social bubbles.
- Examples of travel bubbles.
Discuss the need for and significance of travel bubbles.
Sources: the Hindu.