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The ASEAN-India Summit: A Platform for Enhanced Cooperation

Key Highlights and Objectives of the Upcoming Summits

The ASEAN-India Summit: A Platform for Enhanced Cooperation

  • 15 Sep, 2023
  • 287

What is the ASEAN-India Summit?

The ASEAN-India Summit is a significant gathering between leaders from the Association of Southeast Asian Nations (ASEAN) member countries and India. This summit aims to boost cooperation and reinforce bilateral relations across various sectors, including trade, security, and regional integration.

What is the East Asia Summit (EAS)?

The East Asia Summit (EAS) is a regional forum that includes 18 member nations, comprising ASEAN states along with Australia, China, India, Japan, New Zealand, South Korea, Russia, and the United States. It serves as a platform for leaders to engage in discussions on pressing political, security, and economic issues affecting the region.

Where is the ASEAN-India Summit Taking Place?

This year, the ASEAN-India Summit is set to occur in Jakarta, Indonesia. Prime Minister Narendra Modi is scheduled to visit Jakarta on September 6-7 to participate in this important summit.

Why is Prime Minister Narendra Modi Attending the Summits?

Prime Minister Modi's participation in both the ASEAN-India Summit and the East Asia Summit signifies India's dedication to strengthening relations with ASEAN countries and other East Asian nations. His attendance offers a chance for India to engage in vital discussions regarding regional cooperation, trade, security, and common challenges.

Key Areas of Cooperation Highlighted by Prime Minister Modi

During the summit, Prime Minister Modi is expected to emphasize the need for enhanced cooperation in several domains, including:

  • Regional connectivity
  • Resilient supply chains
  • Food and energy security
  • Maritime activities
  • Health and healthcare cooperation
  • Digital economy, including Unified Payments Interface (UPI)
  • Environmental conservation
  • Smart agriculture and tourism

Importance of Reviewing the ASEAN-India Trade In Goods Agreement (AITIGA)

Prime Minister Modi aims to emphasize the significance of an effective review of AITIGA to foster a more balanced trade relationship between India and ASEAN countries. This review is crucial to address trade imbalances, non-tariff barriers, and other concerns to ensure meaningful outcomes from the agreement.

Significance of the ASEAN-India Comprehensive Strategic Partnership

The elevation of ASEAN-India relations to a Comprehensive Strategic Partnership in 2022 marks a notable shift towards deeper cooperation between India and ASEAN member nations. This partnership aims to fortify collaboration across various sectors of mutual interest.

Priority Areas of Cooperation Identified

During the ASEAN-India Economic Ministers' meeting, priority areas of cooperation were outlined, including:

  • Resilient supply chains
  • Food security
  • Energy security
  • Health cooperation
  • Financial stability

Addressing Global Challenges at the Summits

The summits serve as a forum for leaders to discuss and tackle global challenges, such as the impact of the Covid-19 pandemic, climate change, financial market volatility, inflationary pressures, and geopolitical tensions.

Expected Outcomes of Prime Minister Modi's Participation

Prime Minister Modi's engagement is anticipated to strengthen India's ties with ASEAN and East Asian nations, facilitating discussions on shared interests, cooperation strategies, and solutions to both regional and global challenges.

Conclusion

Prime Minister Modi's upcoming visit to Jakarta illustrates India's proactive approach to engaging with ASEAN countries and the East Asia region. This summit presents a vital opportunity to advance cooperation, address trade disparities, and fortify strategic partnerships.

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