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.
Prime Minister Narendra Modi on Friday expressed concern over ongoing conflicts in various parts of the world at the 19th East Asia Summit at Vientiane, Lao PDR and said this is not the age of war and solutions to problems cannot be found in the battlefield.
Prime Minister Narendra Modi held bilateral talks with Prime Minister of Lao PDR Sonexay Siphandone in Vientiane on Friday and congratulated him on successfully hosting the 21st ASEAN-India and 19th East Asia Summits.
A sense of drift in what was once a cohesive grouping, the Association of South East Asian States Nations (Asean), was discernible in Phnom Penh last week as Cambodia hosted the Asean summit marking its 55th anniversary. The summit itself went off smoothly enough. Compared to the last time Cambodia held the ASEAN chair in 2012, there was a welcome absence of rancour.
The maiden India-ASEAN defence ministers’ meeting was held on Tuesday at Siem Reap, Cambodia to commemorate the 30th anniversary of India-ASEAN relations.
Vice President Jagdeep Dhankhar represented India at the summit. The ASEAN comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
The Indonesia Research and Innovation Expo (INA-RIE) is jointly hosting the four-day ASEAN-India Start-up festival from 27th October to 30th October 2022. The festival has four main events startup exhibitions; seminars and talk shows; G2G meetings and B2B meetings, as well as startup pitch battles.
A common currency needs robust financial systems and markets, as well as strong institutional support. Not all ASEAN countries have such institutions to deal with the threats to the financial sector, which have increased in recent years. Then there is the lack of control over national monetary and fiscal policies, restricting the governments’ sovereignty and autonomy.
