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

Haryana assembly passes bill for separate SGPC

Haryana assembly passes bill for separate SGPC
Amid stiff opposition from the opposition benches, a bill for creating a separate body for managing Sikh gurdwaras in Haryana was passed by the state assembly Friday.

Haryana assembly passes bill for separate SGPC

South Asian bodies troubled by spying of Muslim Americans

South Asian bodies troubled by spying of Muslim Americans
A group of South Asian Organizations says it's deeply troubled by reports that US government agencies have engaged in surveillance of Muslim American civic and civil rights leaders, including Indian and Pakistani Americans.

South Asian bodies troubled by spying of Muslim Americans

Smartphone app to save kids with heart conditions

Smartphone app to save kids with heart conditions
A new smartphone app being tested at St Louis Children's Hospital in the US is turning out to be a life-saving experience for children with heart conditions.

Smartphone app to save kids with heart conditions

Amit Shah as BJP chief: Modi sidestepping RSS?

Amit Shah as BJP chief: Modi sidestepping RSS?
When L.K. Advani was dragged kicking and screaming from the post of Bharatiya Janata Party (BJP) president in 2005 under orders from the Rashtriya Swayamsevak Sangh (RSS), a diplomatic cable from the US embassy in Delhi to Washington stated that the event "demonstrated the power of the RSS ... and will likely increase the party's (the BJP's) political decline".

Amit Shah as BJP chief: Modi sidestepping RSS?

After Mahabharat and Panipat, it's now HSGPC vs SGPC

After Mahabharat and Panipat, it's now HSGPC vs SGPC
The land that is now called Haryana has been famous for epic battles like the Mahabharat and the three historic battles of Panipat. Now a leading Sikh body is fighting a politico-religious battle in the state to retain control over its gurdwaras.

After Mahabharat and Panipat, it's now HSGPC vs SGPC

Block rail, roads - go to jail in Punjab

Block rail, roads - go to jail in Punjab
Putting people to inconvenience and even causing suffering by blocking rail tracks and roads in Punjab could now have a legal complication for protesters. The state government has approved a bill under which blockade of rail and road traffic would attract punishment of up to one year in jail and even a penalty of Rs.100,000.

Block rail, roads - go to jail in Punjab