Prime Minister Manmohan Singh on Tuesday night returned home from Cambodia after attending the ASEAN and East Asia Summits which provided India with an opportunity to enhance its economic cooperation with the region amid lingering financial crisis in the West.
India and ASEAN have reached an accord to enhance partnership in the field of science and technology with a thrust on bio-technology and agriculture. \n\n
Vice President Hamid Ansari, whose last engagement in his 4-day visit to Vietnam was an Indian community reception hosted by Ambassador Ranjit Rae on Thursday afternoon, described the community as an important agent to expand the economic, commercial and technological ties with the Association of South East Asian Nations, Asean. Around 300 Indians from various backgrounds attended the reception.
Trade ministers of India and ASEAN countries are likely to meet in Singapore next month to work out a common ground so that the much-awaited India-ASEAN free trade agreement takes off next year.
The majestic Rajpath saw a scintillating display of India's military might as the country celebrated its 69th Republic Day on Friday, with the leaders of all the 10 countries of the ASEAN attending the parade. Take a look here.
'This market for diesel starts at around Rs 6.3 lakh and goes up to Rs 7 lakh, and with Saathi we have our usual price set at Rs 6.5 lakh, so we are slightly on the lower side with a superior product.'
India is likely to play a bigger role when the 10-member ASEAN and six other Asian nations meet in the backdrop of differences between China and Japan.
'Trump's aggressive stance towards China and preference for military posturing could shift the Quad's balance towards overt militarisation.'
Giving a fresh impetus to its ties with ASEAN, India today said it would soon draft a five-year action plan starting 2016 for enhancing connectivity and cooperation in diverse areas and hoped the long-delayed free trade pact on services and investment will be signed later this month.
During the meeting, the external affairs minister highlighted the foreign policy aspects in the Common Minimum Programme of the United Progressive Alliance government.
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.
On the exports front, Bajaj is under pressure in Bangladesh and Africa. On the domestic front, it could ride improvement in rural demand and new launches but it also has to cope with competitive intensity and a high base. The management projects 7-8 per cent volume growth in domestic 2W in financial year 2025 (FY25) with moderation in H2FY25 due to a high base Y-o-Y.
The formalisation of Asean-India Free Trade Agreement (AIFTA) covering the goods sector marks an important step towards India's deepening trade links with its partners in the Asian region.
The PM was also seen chit-chatting with Japanese Prime Minister Shinzo Abe, Russian Prime Minister Dmitry Medvedev and Malaysian Prime Minister Najib Razak at the reception for the leaders who have arrived in Manila for the 31st ASEAN summit and related meetings.
The national flag was in the background of Modi and Abe's customary handshake at the Summit and was hoisted on a stand next to that of Japan.
The implementation of the ambitious India-Asean Free Trade Agreement is likely to miss the target date of January 1, 2009. Negotiators from both the countries had closed talks this August, after six years of painstaking dialogue.
With India and ASEAN making little progress on a proposed free trade pact, Prime Minister Manmohan Singh asked the 10-nation bloc on Tuesday to be "more reasonable" on sensitive farm products. "We are trying to persuade our ASEAN friends to be more reasonable and I am hopeful that this process will yield satisfactory outcome," Singh said.
The 45-minute CD tells the entire story of the team's Asean conquest starting from the pre-tournament stage to the tumultuous reception on its return to Kolkata.
Terming India's ties with the ASEAN as a 'pillar' of its 'Look East' policy, Prime Minister Manmohan Singh on Wednesday proposed a bilateral trade target of $50 billion by 2010 and sought boosting of cooperation with the key ten-member grouping in technology, health care, climate change and tourism.
Currently, the trade between India and Association of South East Asian Nations stood at $80 billion.
From the outcome of the general elections and then Union Budget to tepid corporate earnings in the September 2024 quarter (Q2-FY25), sticky inflation and Reserve Bank of India's stance on interest rates, extreme weather conditions, Indian stock markets have braved it all in calendar year 2024.
Taking India's Look East policy a step further, Prime Minister Manmohan Singh on Saturday announced visa-on-arrival facility for citizens of Cambodia, Vietnam, Philippines and Laos; and emphasised the need to speed up the finalisation of a free trade agreement in services and investment between India and South East Asian nations.
The Jaishankar-Wang talks came amid the dragging border row in eastern Ladakh that entered its fifth year in May.
The agreement that provides for both India and ASEAN reducing tariff on agreed goods has come into force with all but Cambodia and Philippines.
"We hope to reach a solution by July 2007," the minister said after the ASEAN-India economic minister's meeting held in Cebu, Philippines.
Seeking deepening of ties with ASEAN, India on Saturday said it would soon draft a five-year plan of action starting 2016 to take the "trajectories" of common interests with the 10-member grouping to a new level and particularly emphasised on improving connectivity in the region to further boost trade and people-to-people contact.
Differences among the Association of South-East Asian Nations came to the fore on Tuesday night when 10 heads of governments aborted a briefing by United Nations Special Envoy Ibrahim Gambari on the Myanmar situation after Prime Minister Gen Thein Sein strongly opposed the move.
This accord marks the success of India's Look East Policy and is the first with a trading bloc.
This accord marks the success of India's Look East Policy and is the first with a trading bloc.
The Association of Southeast Asian Nations is expected to sign a free trade agreement with India next week, Malaysian International Trade and Industry Minister Rafidah Aziz has said.
Commerce Minister Kamal Nath will attend an informal ASEAN Economic Ministers-India Consultation in Kuala Lumpur
.jpg)
Since the early 1970s, the Tatas have presence in the city-state.
These categories rank among India's top 10 export items by value.
