Page 12 - Latest Updates on ASEAN
Paper & paperboard imports surge 10% on nil customs duty after ASEAN FTA
The share of paper imports from ASEAN in total paper imports for India has risen more than four times from about 5 per cent in 2010-11 to about 21 per cent in 2019-20
 "Paper & paperboard imports surge 10% on nil customs duty after ASEAN FTA")
Defence, LCV and buses to be key growth levers at Ashok Leyland: Chairman
Dheeraj Hinduja says company's future product plans would revolve around auto buzzword CASE mobility. CASE is an acronym for Connected, Autonomous, Shared & Electric vehicles
 "Defence, LCV and buses to be key growth levers at Ashok Leyland: Chairman")
Strengthening India's trade policy
Greater trade with ASEAN will be supportive of the prime ministerial call for greater Indian manufacturing for world markets
 "Strengthening India's trade policy")
Govt frames norms to enforce 'rules of origin' for imports under FTAs
The ''rules of origin'' provision prescribes for the minimal processing that should happen in the FTA country so that the final manufactured product may be called originating goods in that country
 "Govt frames norms to enforce 'rules of origin' for imports under FTAs")
India, ASEAN together to help shape Asia, global economy, says S Jaishankar
Coronavirus highlights 'indivisible aspect of human existence that underpins globalisation', says India's foreign minister.
 "India, ASEAN together to help shape Asia, global economy, says S Jaishankar")
Review of India-ASEAN Goods Agreement to help realise trade potential: Puri
The ASEAN-India Trade in Goods Agreement was signed on August 13, 2009, and came into force on January 1, 2010
 "Review of India-ASEAN Goods Agreement to help realise trade potential: Puri")
Exercise caution on the proposed trade pact with US: Experts to govt
Govt had earlier criticised free trade deals for boosting cheap imports into the country
 "Exercise caution on the proposed trade pact with US: Experts to govt")
ASEAN Summit to be held via video conference on June 26 due to Covid-19
Vietnamese Minister of Industry and Trade Tran Tuan Anh will chair the ministerial meeting on Regional Comprehensive Economic Partnership (RCEP)
 "ASEAN Summit to be held via video conference on June 26 due to Covid-19")
Last opportunity
India can't afford to ignore RCEP
 "Last opportunity")
Letter to BS: Examining India's decision to pull out of the RCEP
In ratifying the RCEP, the barriers would have been lowered with only China, Australia and New Zealand.
 "Letter to BS: Examining India's decision to pull out of the RCEP")
Asean Secretariat invites India to resolve RCEP concerns next month in Bali
India at a meeting in November last year in Bangkok decided to withdraw from this mega free-trade agreement as its concerns were not addressed adequately by the RCEP
 "Asean Secretariat invites India to resolve RCEP concerns next month in Bali")
Commerce Ministry to review existing free trade agreements: Piyush Goyal
Goyal said that FTAs with countries like Japan, South Korea, and Asean provided duty-free access to Indian markets, but domestic goods face barriers in these countries.
 "Commerce Ministry to review existing free trade agreements: Piyush Goyal")
After dropping out of RCEP, India eyes trade deals with ASEAN countries
China said that the other 15 countries decided to move ahead with the pact and New Delhi was welcome to join RCEP whenever it was ready
An inward turn
India's decision to not join RCEP will have adverse implications
 "An inward turn")
India didn't join RCEP as 'offer was not as much as our aspirations': FM
India's decision to not to join the mega deal was announced by Prime Minister Narendra Modi during his speech at the RCEP Summit in Bangkok early this month.
 "India didn't join RCEP as 'offer was not as much as our aspirations': FM")
Note ban, unique ID system, GST helped to formalise India's economy: Modi
In an address at an ASEAN business forum, Modi highlighted GST rollout as well as measures taken for bankruptcy and insolvency proceedings
We've suffered due to terror, time for us to mitigate it: Modi at Asean
PM Modi said India will continue its support to Asean for a rules-based security architecture for the region
 "We've suffered due to terror, time for us to mitigate it: Modi at Asean")
Govt initiates dialogue with ASEAN members for review of FTA: Goyal
He also said the Coffee Board is trying to develop an Indian brand of coffee for export and the work in this regard is underway
 "Govt initiates dialogue with ASEAN members for review of FTA: Goyal")
India seeks review of existing trade pacts with Asean, Japan: Goyal in LS
Commerce and Industry Minister Piyush Goyal said that eight rounds of negotiations have been held with South Korea for upgrading the existing comprehensive FTA
 "India seeks review of existing trade pacts with Asean, Japan: Goyal in LS")
Why India must bother about BRI & RCEP
Its refusal to participate in the two says that this country of 1.2 billion people and a $3 trillion economy shies away from playing a major part in shaping Asia's future