PM Modi proposed a USD one billion line of credit to promote projects that support physical and digital connectivity between India and ASEAN.
He suggested evolving specific plans for cooperation with the 10-memeber grouping in key areas of maritime security, counter-piracy and humanitarian and disaster relief.
Eyeing greater cooperation with South East Asian countries on economic and security issues, India on Thursday announced a separate Mission for ASEAN region to be set up in Jakarta with a full-time resident Ambassador.
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