India and the Association of Southeast Asian Nations signed an FTA in goods in August last year and are engaged in intense negotiations to expand this pact to include services and investments.
The CEPAs with South Korea and Japan are likely to be concluded in September and October, respectively. While the pact with South Korea is likely to have only a moderate impact on the economic relationship between the two countries, the one with Japan will immensely help the Indian industry in gaining market access in the world's second largest economy. Currently, bilateral trade between India and Japan, which is currently close to $4 billion.
Unmindful of China's displeasure over India's involvement with nations in its backyard, Prime Minister Manmohan Singh on Saturday announced a proposal to link South East Asian nations through a highway, presumably over the sea.
Besides, the company will also start assembling the SUV in two South East Asian countries -- Thailand and Indonesia.
But even as Prime Minister Manmohan Singh plans to visit Tokyo for his annual summit from October 25-27 -- as part of a journey to Hanoi and Kuala Lumpur -- and hopes to sign a landmark civil nuclear pact with his counterpart, Naoto Kan, Japanese resentment against India's nuclear ambitions continues to simmer.
Government officials said the Asean FTA, as well as a similar pact with South Korea involving free trade of goods, services and investment, could be signed on the sidelines of the summit of Asean nations, scheduled in October this year. The India-South Korea Comprehensive Economic Partnership Agreement is also ready for signing, sources added.
Sources said that the Malaysian prime minister invited Ambani to invest in sectors like power, media and financial businesses.
India, the country most affected by malaria in the South east Asian region, is projected to see a decrease of 50-75 per cent in malaria case incidence by 2015, a report by the World Health Organisation said.
Unless Donald Trump takes a major U turn, this is possibly the beginning of the end for Trumpian politics, argues Colonel Anil A Athale (retd). Unless President Trump takes a major U turn, this is possibly the 'beginning of the end' for Trumpian politics driven by TV trp's, points out Colonel Anil A Athale (retd).
India on Saturday offered to help south-east Asian nations in the management of natural disasters by sharing satellite data for the region and launching small satellites built by them. "We would be ready to share satellite data for management of natural disasters, launch small satellites and scientific instruments and payloads for experiments in remote sensing and communication for space agencies and academic institutions in ASEAN countries," PM Manmohan Singh said.
According to a senior commerce department official, talks between India and the Association of South East Asian Nations (Asean) - the 10-country trading bloc - have hit a roadblock, with some of the advanced developing countries demanding greater flexibilities from India.
The issue at hand is not ASEAN versus Chindia, but ASEAN plus Chindia. Given the strengths of ASEAN and the growing muscle of India and China, the scope for constructive cooperation is immense, he said.
India is keen to forge partnerships with ASEAN countries for the exchange of technology to enhance farm productivity and address the impact of climate change on agriculture.
For the region to realise its full potential, New Delhi needs to start looking at the land-locked northeast as an important starting point in India's 'Act East' policy, says Nitin Gokhale
Meeting is on June 24-25 on stalled pact, agreement likely by year-end.
The two countries have already formed a Steering Committee to carry forward the proposals, one of which relate to setting up a 2,500-acre multi-product SEZ in the south.
"The Chinese premier underlined that whatever anybody might say, India and China are friendly neighbours and have a common view of how the world should be looked at," Naraynan said.
The mini truck and passenger vehicle, which together crossed the 1-million sales mark in August, are already present in 24 countries.
Hotel.com's latest survey lists out the top ten destinations Indians have been travelling to. Have YOU been to these places yet?
In a significant move to strengthen economic ties, India and 10 Association of South East Asian nations on Tuesday decided to set up a Regional Trade and Investment Area
Pakistan Foreign Minister Shah Mahmood Qureshi on Thursday briefed United States Secretary of State Hillary Clinton on Pakistan's investigation into the Mumbai terror attacks and the trial of suspects linked to the incident.
With East Asian countries remaining locked in a tussle over mineral-rich South China Sea, India today said the dispute should not override the interests of the region and favoured an "open, inclusive and rule-based" architecture to govern the maritime region
Bol Bachchan adds to the list of the worst official remakes in Hindi cinema.
Coffee Day Take Away, a division of India's largest coffee conglomerate, Amalgamated Bean Coffee Trading Company plans to open 50 outlets abroad by June this year.
Thailand's embattled Prime Minister Abhisit Vejjajiva on Sunday clamped emergency in Bangkok and ordered tanks into the streets as he struggled to contain spiralling anti-government protests, a day after demonstrators forced the postponement of a summit between India and the Association of South East Asian Nations.
India demonstrated leadership on behalf of countries in South-East Asian Region to integrate agricultural diversification and alternative crops to tobacco in the comprehensive tobacco control as FCTC proposes.
A cameraman tells us how India can learn lessons in handling crisis.
Under the services sector, India had been demanding greater opening, so that more professionals like doctors, nurses, chefs, accountants get greater job opportunities.
The Rs 4,400 crore (Rs 44 billion) Alliance Group will invest Rs 100 crore (Rs 1 billion) to launch the country's first 24-hour real estate information channel next month.
With its eyes on Indian and South-East Asian markets, the Sukhoi Superjet 100 medium-haul aircraft has been brought to the Aero India.
India lost to strong contenders Singapore 1-3 in the final of the 7.5 Beneteau keel boat class in the Asian Games yachting regatta.
The 10-member ASEAN described the Indo-US nuclear deal as an extremely positive step, hoping that the two countries would be able to conclude the pact soon.
Communist Party of India-Marxist (CPI-M) on Friday organised a 500-kilometre-long human chain with over four million participants in Kerala to protest a treaty signed with the 10-country Southeast Asian bloc. The agreement will be effective from Jan. 1, 2010, and tariffs on the products covered would be reduced to zero between 2013 and 2016. The Communists oppose the agreement saying its would sound the death knell for the southern state's agro-based economy.
The pact on trade in goods under the Comprehensive Economic Cooperation Agreement was signed by Indian commerce and industry minister Anand Sharma and ASEAN economic ministers after more than six years of intense negotiations.
India is the only country which has a negative list incorporated in a trade pact with Asean.
Notwithstanding their differences on the boundary question, India and China on Wednesday vowed to deepen their multi-faceted ties for a "lasting friendship" as Union External Affairs Minister S M Krishna met his Chinese counterpart Yang Jiechi in Phuket.
