- Mutual respect for each other’s territorial integrity and sovereignty.
- Non-aggression against each other.
- Non-interference in each other’s internal affairs.
- Equality and mutual benefit.
- Peaceful co-existence.
These principles of Panchsheel were later incorporated in the Bandung Declaration, signed in the Afro-Asian Conference held in 1955 in Indonesia. They are the core principles of Non-alignment and still guide the conduct of India’s foreign policy.
- As the world faces greater threat from a unipolar world led by US after the disintegration of Soviet Union, the NAM can act as a check against undue dominance and hegemony of any country or block.
- The developed (North) and developing (South) world have divergent views over several global and economic issues. The NAM may provide a forum for third world countries to engage the developed nations in a productive dialogue.
- The NAM can prove to be a powerful mechanism to forge South-South cooperation, which is essential for their collective self reliance in the present market driven global order.
- NAM can provide an important forum for developing countries to discuss and deliberate upon various global problems, issues and reforms including the reform of UN and other international financial institutions like World Bank and IMF in order to make them more democratic and effective.
C. Policy of Resisting Colonialism, Imperialism, Racism
Also See | Indian Foreign Policy Objectives.