India calls for strong maritime connectivity with ASEAN

Image
Press Trust of India New Delhi
Last Updated : May 12 2014 | 6:09 PM IST
India today stressed the need for strengthening of maritime connectivity with Myanmar, Thailand, Cambodia and Vietnam and called for an 'open sky policy' on quid pro quo basis to increase trade with ASEAN.
During an international conference on cross-border connectivity, Secretary (West) Anil Wadhwa said, "We are in the process of finalising the recommendations which our Ministry of Shipping would take forward in their discussions with the ASEAN countries for a Joint Working Group on Maritime Connectivity."
Significantly, the conference is being held in the backdrop of increasing tension between China and Vietnam over the territorial dispute in the high seas. Expressing concern over the stand-off, India had asserted that "freedom of navigation in the South China Sea should not be impeded" and called for "cooperation in ensuring security of sea-lanes and strengthening of maritime security".
Wadhwa also said a free trade agreement (FTA) with the 10-member Association of Southeast Asian Nations (ASEAN) on services and investments would be ready for inking during the meeting of their economic ministers later this year. An FTA with the ASEAN on trade and goods was inked in 2009.
"Maritime connectivity can be strengthened further between India, Myanmar, Thailand, Cambodia and Vietnam and production chains established from the Mekong region to the Delhi-Mumbai Industrial Corridor and the Mumbai-Bangaluru-Chennai Industrial Corridor...
"We have also proposed an Open Sky Policy on Cargo on a quid pro quo basis to the ASEAN. This would help to increase trade, especially in perishable commodities," he said.
*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: May 12 2014 | 6:09 PM IST

Next Story