Sunday, December 28, 2025
ADVT 
India

Modi pushes for increased economic engagement with ASEAN

Darpan News Desk IANS, 12 Nov, 2014 11:12 AM
  • Modi pushes for increased economic engagement with ASEAN
Indian Prime Minister Narendra Modi Wednesday met a host of Southeast Asian leaders as he made a major push to increase economic engagement between India and the 10-member ASEAN and said his government places equal emphasis on ease of doing business in India as well as on making policies attractive.
 
Modi met his Thai and Malaysian counterparts, Prayut Chan-o-cha and Najib Tun Razak, as well as Sultan of Brunei Hassanal Bolkiah and Singapore Prime Minister Lee Hsien Loong.
 
In his separate meetings with the four ASEAN leaders, Modi spoke about the 'Make in India' campaign launched to attract business to India and discussed possibilities of economic cooperation with them.
 
He also met Myanmar opposition leader Aung San Suu Kyi.
 
In his maiden speech at the ASEAN-India Summit here, Modi said there will be major improvement in India's trade policy and environment and his government would move ahead with connectivity projects with ASEAN "with speed".
 
Modi said his government was laying stress on infrastructure, manufacturing, trade, agriculture, skill development, urban renewal and smart cities.
 
"Make in India is a new mission. I invite you to this new environment in India. Indian companies are also keen to invest in and trade with ASEAN," he said.
 
He suggested that a review be conducted of the India-ASEAN Free Trade Agreement on goods to improve it further and make it beneficial to all.
 
Modi appealed that the FTA on Services and Investment, which still awaits inking, "be brought into force at the earliest".
 
He said to deepen connectivity with ASEAN, a special purpose vehicle is proposed to be set up to facilitate financing and quick implementation of projects.
 
He invited the ASEAN block to "come and participate in building India's 100 smart cities and renewal of 500 cities".
 
Modi also said both sides should move quickly towards mutual recognition of degrees, a major stumbling block in the inking of the FTA on goods and services.
 
Referring to the Regional Comprehensive Economic Partnership Agreement, which is being negotiated, Modi said it can become a springboard for economic integration and prosperity in the region.
 
He also referred to the issue of maritime trade and passage, a touchy subject especially in context of China's growing assertiveness over the South China Sea, and said that everyone has the responsibility to follow international law and norms on maritime issues, as is done in the realm of air passage.
 
"In future, we will also need this in space," he said.
 
On the South China Sea, he said that for peace and stability, everyone should follow international norms and law and hoped the Code of Conduct on South China Sea can be concluded soon on the basis of consensus.
 
At a dinner gala in the evening, Modi and US President Barack Obama shook hands and Obama called him a "man of action".
 
Modi held a bilateral meeting with Myanmarese President Thein Sein Tuesday after his arrival.
 
He is on a three-nation 10-day visit to Myanmar, Australia and Fiji. He is to attend the East Asia Summit Thursday and also hold a bilateral with Chinese Prime Minister Li Keqiang besides several other meetings on the sidelines with other leaders.
 
The ASEAN members are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Singapore, Thailand, Philippines and Vietnam.

MORE India ARTICLES

Uttar Pradesh rape victim gets Rs.3 lakh

Uttar Pradesh rape victim gets Rs.3 lakh
A girl who was raped by a constable in Uttar Pradesh has got Rs.3 lakh monetary relief from the state government following the National Human Rights Commission's (NHRC) directive, an official said Friday.

Uttar Pradesh rape victim gets Rs.3 lakh

Indian-origin steward on board MH17 swapped flights

Indian-origin steward on board MH17 swapped flights
An Indian origin flight steward was among the 15 crew members on board the Malaysia Airlines flight MH17 that was shot down over Ukraine Thursday, media reported Friday.

Indian-origin steward on board MH17 swapped flights

Wipro wins 10-year deal from Canadian firm

Wipro wins 10-year deal from Canadian firm
Indian IT bellwether Wipro Ltd Friday announced winning a 10-year deal from Atco Ltd, a leading Canadian firm, to provide total outsourcing solutions in Canada and Australia.

Wipro wins 10-year deal from Canadian firm

40 injured, 100 tents torched in Amarnath Yatra base camp clash

40 injured, 100 tents torched in Amarnath Yatra base camp clash
Over 40 people were injured in clashes between security forces and protesters in Baltal base camp of the Amarnath Yatra in Jammu and Kashmir after a scuffle between a local pony operator and a cook turned violent, police said. The situation was in control now, said a senior police officer.

40 injured, 100 tents torched in Amarnath Yatra base camp clash

HSGPC row: Badal meets Modi as Haryana remains defiant

HSGPC row: Badal meets Modi as Haryana remains defiant
Upset at the controversy over setting up of a separate board to oversee Sikh gurdwaras in Harayana, Punjab Chief Minister Parkash Singh Badal met Prime Minister Narendra Modi in New Delhi Friday to seek the central government's intervention.

HSGPC row: Badal meets Modi as Haryana remains defiant

Clinton spends two hours in Lucknow village, also meets Akhilesh

Clinton spends two hours in Lucknow village, also meets Akhilesh
Former US president Bill Clinton arrived here Thursday afternoon to participate in a social activity in Jabrauli, a village on the outskirts of the state capital.

Clinton spends two hours in Lucknow village, also meets Akhilesh