ASEAN occupies central place in Asia-Pacifics security architecture: VK Singh
The Dollar Business Bureau Minister of State for External Affairs Gen VK Singh said on Sunday that ASEAN (Association of South East Asian Nations) occupies a central position in the Asia-Pacific region’s “security architecture” and has the distinctive ability to reflect the greater interests of world. From the Indian perspective, ASEAN occupied a central place in the security architecture of the Asia-Pacific region, Singh said while speaking at the 15th meeting of ASEAN-India Foreign Ministers in Manila. In the last five decades, the regional intergovernmental organisation had put behind it several post-decolonisation discussions of the region and steered away adeptly from the Cold War to enter in a new era of higher economic growth that act as an example to others, he said. “Surviving ...
Connectivity, trade infra key to enhance India-ASEAN ties
The Dollar Business Bureau Connectivity and trade infrastructure are the key factors that can further boost India’s economic relationship with ASEAN countries, a senior government official said. “There is still huge potential to boost the economic tie. Singapore is India’s largest investment partner. It is good in transport, innovation, etc. Malaysia and Thailand are good in logistics and other sectors. India can collaborate with these countries,” said Ambassador Anil Wadhwa, Secretary (East), Ministry of External Affairs (MEA). His statement comes at a time when India’s foreign trade is facing challenge after the Trans-Pacific Partnership (TPP) agreement between 12 countries of the Pacific Rim, which accounts for more than 40% of the global trade. Experts say that the 12-nation trade bloc would ...