India-Asean connection marked by 3C's: Prasad

Image
IANS New Delhi
Last Updated : Jan 23 2018 | 4:15 PM IST

Electronics and IT Minister Ravi Shankar Prasad on Tuesday said culture, commerce and connectivity were the three C's which mark the historical connection of the Asean states and India.

"Asean and India have a deep historical connection. The momentum which we need to push it is marked by the three C's of culture, commerce, and connectivity," Prasad said at a panel on "Trade in Services" at the Asean-India Business and Investment Meet and Expo.

The minister said the Indian IT companies do not go abroad to replace jobs but create jobs and capacity and use new technologies which empower people.

"Indian people first learn technology, then adopt it, then enjoy it and therefore get empowered," Prasad said, also emphasising India's agenda in digital services promotion including in agri services.

The Asean-India Business and Investment Meet and Expo has been organised here by the Confederation of Indian Industry in cooperation with the Ministry of Commerce and Industry, Ministry of External Affairs and the Asean Secretariat.

"Services trade has seen a lot of misplaced sensitivities that has created barriers to services trade especially the temporary movement of services professionals. These and more need to be addressed," said Anup Wadhawan, Additional Secretary, Ministry of Commerce and Industry.

India's proposal at the World Trade Organisation for trade facilitation in services modelled along the adopted Trade Facilitation Agreement is India's effort toward marking this importance, he added.

--IANS

ppg/in/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 23 2018 | 4:08 PM IST

Next Story