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India ASEAN summit

Jan 22, 2020, 07.29 PM IST

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INDIA ASEAN SUMMIT

Govt yet to take call on RCEP meeting invitation

The ASEAN Secretariat has invited India to attend the meeting to sort out its issues related to the proposed free trade deal. “India has received the invitation for the meeting. No decision has been taken on the issue,” said an official.

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ET Prime Distribution
  • Defence Minister Rajnath Singh, and External Affairs Minister S. Jaishankar, and US Secretary of State Mike Pompeo and Defence Secretary Mark Esper participated jointly in the Second 2+2 Strategic Dialogue. "Today's 2+2 meeting was meaningful and successful in maintaining the momentum of the India-US relationship and taking it forward," Singh said.

    "We have already initiated dialogue with ASEAN countries and I am happy to share with the House that ASEAN has agreed for a review of the FTA. We will take up various issues in the review and then we will report to the House," he told the House. He also said the Coffee Board is trying to develop an Indian brand of coffee .

    India’s voice will be particularly consequential in regional order building and along with Indonesia and Vietnam should have more say and a greater stake in institutions and norm-setting in the Indo-Pacific region suggested Rod Hilton. Australia was one of the first countries to come out in support of India’s Indo-Pacific Oceans Initiative.

    In his address at the annual India-ASEAN summit, PM Modi talked about the mutual coordination between India's vision of the Indo-Pacific and ASEAN Outlook for the strategically key region which has been witnessing growing Chinese assertiveness.

    WTO Director-General Roberto Azevedo told a meeting of the full WTO membership on Monday that he would launch more intensive, high-level consultations on how to resolve the longstanding impasse over the appointment of appellate body members.

    Foreign cos won’t be allowed in local contracts unless India Inc gets to compete in those nations, said Goyal.

    India has been forcefully raising the issue of market access as well as protected lists of goods mainly to shield its domestic market as there have been fears that the country may be flooded with cheap Chinese agricultural and industrial products, once it signs the deal. The RCEP negotiations were launched by the ASEAN leaders and six other countries.

    India has imported mobile phone components worth more than $1 billion from Vietnam — with which India has a free trade agreement (FTA) —in the first half of this fiscal alone, compared to $800 million in the whole of 2018-19 and just over $600 million in FY18, an industry association of companies making handset in India has informed the government.

    Chinese violation of territorial sovereignty in South China Sea is rising concern in ASEAN countries. South China Sea (SCS) situation in the...

    The ministry said that through these processes, India intends to emphasise "its open and inclusive approach to fostering a cooperative, free, and rules-based Indo-Pacific domain, in which all nations and their aspirations for development have equal space to find expression".The '6th Indian Ocean Dialogue' will take place on Friday.

    Indian officials have concluded negotiations on most of the 25 chapters, and the rest would be concluded before November 4, when Prime Minister Modi will join leaders of the 10-member Association of Southeast Asian Nations bloc and five other countries for the summit.

    In his opening address at the India-ASEAN summit, the prime minister said enhancing surface, air and maritime connectivity between India and 10 nations of the bloc will significantly boost regional trade and economic growth.

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