Both parties deliberated on ways to elevate ASEAN-India cooperation in the post pandemic era, including enhancing cooperation in areas of smart agriculture, healthcare, new & renewable energy, digital inclusivity and fintech.
Areas of ASEAN-India cooperation
- ASEAN is India's fourth largest trading partner that accounts for 10.6% of India's overall trade.
- ASEAN is at centre of India’s ’Act East policy’ and ’Indo-Pacific Oceans Initiative (IPOI)’.
- India is a member of ASEAN Regional Forum (ARF), which focuses on political and security dimensions for ASEAN.
- Key cooperation projects: Mekong Ganga Cooperation, India-Myanmar-Thailand Trilateral highways, Kaladan multimodal project.
- India conducts Various bilateral military exercises with ASEAN members: CORPATs with Indonesia and Thailand, Samudra Shakti with Indonesia, and SIMBEX with Singapore.
Areas of concern:
dominance of China
in economic investment, slow delivery of projects by India.
ASEAN is an intergovernmental organization of 10 countries
aimed primarily at promoting
economic growth and regional stability among its members.
- ASEAN is located at the Centre of Indo-Pacific from where 50% of the global trade passes through. Thus, having huge strategic importance.
2022 marks 30 years of ASEAN-India relations
and it has been designated as ASEAN-India Friendship Year.
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