India is poised to redefine its role in global trade, with a projected compound annual growth rate (CAGR) of 6.4 per cent in trade over the next decade, roughly in line with its high GDP growth, according to a report on Monday.
Assam Chief Minister Himanta Biswa Sarma, on Tuesday, urged ambassadors, high commissioners of ASEAN, BIMSTEC, European and other countries, industry captains, and other stakeholders to come and invest in the northeastern state.
India’s bilateral trade with the Association of Southeast Asian Nations (ASEAN) saw 5.2 per cent growth to reach $73 billion during the April-October period this fiscal, the government informed on Saturday.
Defence Minister Rajnath Singh met US Secretary of Defense Lloyd J. Austin on the sidelines of the 11th ASEAN Defence Ministers' Meeting (ADMM)-Plus in Vientiane, Lao PDR, on November 21, according to a release from the Ministry of Defence.
External Affairs Minister S Jaishankar on Friday said India and the ASEAN are preparing for an era of electric mobility, green shipping and green steel, and businesses on the two sides will have to adjust accordingly.
Representatives from member states of the Association of Southeast Asian Nations (ASEAN) for the 21st ASEAN Chiefs of Defence Forces Meeting met here to discuss key issues affecting regional security and defence cooperation.
The Prime Minister said “I look forward to my discussions to deepen our Strategic Partnership with Singapore, particularly in new and emerging areas of advanced manufacturing, digitalization, and sustainable development.”
The meeting was co-chaired by Rajesh Agrawal, Additional Secretary, Department of Commerce, India and Mastura Ahmad Mustafa, Deputy Secretary General (Trade), Ministry of Investment, Trade & Industry, Malaysia.
The Association of Southeast Asian Nations (ASEAN) is the cornerstone of India's Act East Policy and its Indo-Pacific vision, External Affairs Minister (EAM) S Jaishankar said on Friday.
Among the plethora of regional and inter-regional organisations with leading nations as influential members of the world’s political and economic policy-making bodies such as Nato, Quad, SCO, Asean, Brics and many others, the possible expansion of the last names by welcoming new members has generated considerable interest in global politics.
