Page 6 - Asean

Washington to establish first-ever US-ASEAN Center: Kamala Harris

"The centre will facilitate official ASEAN engagements and support further exchange between our people, businesses, and academic institutions," Harris said

Chinese Premier Li Qiang warns against 'new Cold War' at ASEAN summit

"At present, it is very important to oppose taking sides, bloc confrontation and a new Cold War," Li told the meeting

PM Modi departs for Indonesia to take part in ASEAN, East Asia summits

Prime Minister Narendra Modi emplaned for Indonesia on Wednesday to take part in the ASEAN-India Summit and East Asia Summit

Comprehensive strategic partnership brought dynamism in ties with ASEAN: PM

Prime Minister Narendra Modi on Wednesday said the comprehensive strategic partnership between India and the ASEAN has injected new dynamism to the group's ties with New Delhi. In a departure statement ahead of his visit to Indonesia, Modi said he looked forward to discussing the future contours of India's partnership with ASEAN countries during his meetings with the leaders of the grouping. The prime minister is visiting Indonesia to participate in the ASEAN-India Summit and the East Asia Summit. "Engagement with ASEAN is an important pillar of India's 'Act East' policy," Modi said. "I look forward to discussing with ASEAN leaders the future contours of our partnership, which has now entered its fourth decade. Engagement with ASEAN is an important pillar of India's 'Act East' policy. The Comprehensive Strategic Partnership entered into last year has injected new dynamism in our ties," he said. After the ASEAN-India Summit, the prime minister will attend the 18th East Asia ...

PM Narendra Modi to visit Indonesia today for ASEAN-India Summit

The Prime Minister will be in Jakarta at the invitation of the President of Indonesia, Joko Widodo. Both the ASEAN-India Summit and the 18th East Asia Summit (EAS) will take place on Sept 7

India, ASEAN looking at boosting maritime security ties at summit talks

Prime Minister Narendra Modi will review progress of India's relations with 10-nation ASEAN at a summit meeting in Jakarta on Thursday. Shoring up India's trade and security ties with the Association of Southeast Asian Nations (ASEAN) is likely to be the focus of Modi's engagement with leaders of the bloc. The ASEAN-India Summit will be the first summit since the elevation of ties between the two sides to a comprehensive strategic partnership last year. The two sides are expected to unveil a new initiative to expand maritime security cooperation, people familiar with the matter said. The prime minister will also attend the East Asia Summit that will take place shortly after the end of the ASEAN-India summit. Modi will leave for the Indonesian capital city on Wednesday evening and will return late on Thursday, Secretary of State (East) Saurabh Kumar said. It will be a brief visit by the prime minister to Jakarta as he has to return home for the G20 summit, Kumar said, adding no ..

PM Modi to depart for Jakarta on Wednesday for 20th ASEAN India Summit

The MEA Secretary (East) said: "Prime Minister will depart Delhi on the night of September 6 and return late evening on the September 7

India, Asean agree to speed up negotiations to conclude FTA review in 2025

India and the 10-nation bloc Asean have agreed to fast track negotiations for the review of the existing free trade agreement in goods between the two regions and conclude the talks in 2025, an official statement said on Monday. The issue was discussed during the twentieth AEM (Asean Economic Ministers)-India Consultation meeting, held at Semarang, Indonesia. The commerce ministry said that the main agenda of this year's meeting was the timely review of ASEAN-India Trade in Goods Agreement (AITIGA) which was signed in 2009 and implemented in January 2010. The economic ministers' meeting was preceded by AITIGA Joint Committee meeting, which deliberated the roadmap for the review and finalised the term of reference and the work plan of the review negotiations. The review of the AITIGA was a long-standing demand of Indian businesses and the early commencement of the review would help in making the FTA trade facilitative and mutually beneficial, it said. "The ministers agreed to follo

India, Asean to intensify efforts to wrap up trade agreement review by 2025

India and the 10-nation bloc Asean on Monday said they have directed their officials to intensify their efforts to conclude the review of the existing free trade agreement in goods between the two regions by 2025. The issue was discussed during the twentieth AEM (Asean Economic Ministers)-India Consultation meeting, held at Semarang, Indonesia. According to a joint media statement, the meeting welcomed the progress of the review of the Asean-India Trade in Goods Agreement (AITIGA). It also endorsed the term of reference of the AITIGA Joint Committee, the Work Plan of the review negotiations and the negotiating structure. Both sides agreed to make the agreement more user-friendly, simple and trade facilitative for businesses to increase trade and support sustainable and inclusive growth. "To this end, the meeting encouraged the officials to intensify their efforts with the aim of achieving a substantial conclusion of the review in 2025," the statement said. The consultation was ..

Delivering carbon neutrality for ASEAN could unlock $5.3 trn opportunity

This transformative Strategy lays out ASEAN's bold ambition to go beyond business-as-usual for economic integration, and strategically position the region favourably for a carbon-neutral future

M&M unveils new range of small tractors; eyes doubling tractor exports

Auto major Mahindra & Mahindra on Tuesday unveiled a new range of small-sized tractors targeting new geographies as it aims to treble its tractor exports in the next three years, according to a top company official. The Mumbai-based auto major, which is the world's largest tractor maker by volume terms, exported around 18,000 tractors last fiscal. The company said it has invested Rs 1,200 crore on developing the OJA platform which consists of four platforms that could churn out 40 different trims in the 20-70 hp power output. The company aims to cater to the needs of farmers with small land parcels, especially in India, US and ASEAN region with the new range. Mahindra & Mahindra President Farm Equipment Sector Hemant Sikka said the OJA brand would help in enhancing the company's share in the market while helping it enter new markets. "We are looking to double our export volume in three years. One of the major enablers for achieving the target would be the OJA tractors which ..

Indian diamond industry set to focus on domestic markets, ASEAN countries

The diamond industry is set to focus on domestic markets and emerging markets in ASEAN countries in an attempt to neutralise the impact of reduced demand from the US and the European Union (EU)

Govt reviewing FTAs with ASEAN, Korea: MoS Patel informed Parliament

The government is closely monitoring all the free trade agreements which it has signed and based on stakeholder consultations, existing FTAs with ASEAN and Korea are being reviewed, Parliament was informed on Friday. In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Anupriya Patel said the government is negotiating FTAs with the European Union, the UK, European Free Trade Association (EFTA) and Canada. These negotiations or its review are a long-drawn process and the timeline for completion of such negotiations cannot be predicted since the parties to the negotiations are required to agree to the outcome, she said. "India has signed 13 Free Trade Agreements (FTAs) and 6 Preferential Trade Agreements (PTAs) with its trading partners...The government is closely monitoring these FTAs and based on stakeholder consultations, the experience and assessments thereof, the government is in the process of reviewing its existing FTAs with ASEAN and Korea," the

Citroen plans to launch C3 Aircross SUV in Indian market by October

The company is also set to come with a new vehicle on the C-cubed platform by early next year

International flights see 88% jump in passenger numbers in first quarter

The number of international passengers had been affected adversely due to Covid-19

China, ASEAN to try to conclude nonaggression pact on sea feud in 3 years

China and Southeast Asian nations agreed Thursday to try and conclude within three years a long-delayed nonaggression pact aimed at preventing the frequent territorial spats in the busy South China Sea from turning into a major armed conflict. China and the Association of Southeast Asian Nations agreed Thursday during a meeting between the 10-nation bloc's foreign ministers and China's top diplomat Wang Yi in the Indonesian capital of Jakarta to guidelines to complete their code of conduct negotiations before fall 2026, a Southeast Asian diplomat involved in the meetings told The Associated Press. The diplomat spoke on condition of anonymity due to a lack of authority to discuss the issue publicly ahead of the official announcement of the agreement. China and four of ASEAN's member states Brunei, Malaysia, the Philippines and Vietnam along with Taiwan have been locked in a decades-long territorial standoff in the disputed waterway, a key passageway for global trade that is believe

INS Delhi reaches Malaysia for deployment in ASEAN countries: Official

Indigenously designed and built Indian naval ship INS Delhi on Monday reached Malaysia as part of the Navy's Eastern Fleet deployment to ASEAN countries, officials said. The INS Delhi is 163.2 metres long and is the lead ship of her class of guided-missile destroyers of the Indian Navy. "Indigenously designed and built Indian Naval Ship Delhi, arrived at Port Klang, Malaysia. The port call from May 29-31 is part of Indian Navy's Eastern Fleet deployment to ASEAN countries," an Indian Navy official said. The visit will see personnel from both navies engaging in professional and social interactions consolidating the strong bonds of friendship between India and Malaysia, he said.

Indian Steel Association, AISC ink MoU to unlock new avenues in sector

"MoU aims to leverage the strengths, expertise, and resources of both organizations to unlock new avenues for growth, innovation, and sustainability in the steel industry," a statement from ISA said

ASEAN-India exercise demonstrated to operate as integrated force: Navy

The Indian Navy on Tuesday said its exercise with the ASEAN navies in the South China Sea demonstrated the ability of the two sides to operate as an integrated force to promote peace, stability and security in the region. The two-day sea-phase of the ASEAN-India Maritime Exercise in the South China Sea that ended on Monday assumed significance as it came amid increasing concerns among leading global players including India over China's increasing muscle-flexing in the region. A number of Chinese surveillance ships kept a watch on the military exercise, people familiar with the matter said. China claims sovereignty over all of the South China Sea, a huge source of hydrocarbons. However, several ASEAN member countries, including Vietnam, the Philippines and Brunei, have counterclaims. Officials said approximately 1400 personnel manning nine ships participated in the sea phase of the multilateral naval exercise. Indian Navy deployed indigenously designed and built destroyer INS Delhi,

ASEAN leaders to discuss how to tackle regional crises at tropical resort

A picturesque tourist destination will host crisis-weary Southeast Asian leaders with sun-splashed tropical islands, turquoise waters brimming with corals and manta rays, seafood feasts, and a hillside savannah crawling with Komodo dragons. The sunshiny setting is a stark contrast to the seriousness of their agenda. Indonesian President Joko Widodo picked the far-flung, rustic harbour town of Labuan Bajo as a laidback venue to discuss an agenda rife with contentious issues. These include the continuing bloody civil strife in Myanmar and the escalating territorial conflicts in the South China Sea between fellow leaders of the Association of Southeast Asian Nations. The 10-nation regional bloc and its member states will meet for three days starting Tuesday, with the growing rivalry between the United States and China as a backdrop. US President Joe Biden has been reinforcing an arc of alliances in the Indo-Pacific region to better counter China over Taiwan and the long-seething ...