India to deepen engagement with Asean

The inaugural plenary at the ASEAN–India Business and Investment Meet and Expo covered discussions on strengthening India’s economic relations with South East Asian countries.

It was held in New Delhi 22-23 Jan 2018.

Themed ‘Promoting Mutual Trade and Investment for Shared Prosperity’, the session aimed to scale up bilateral trade and investment in the region of 10 countries in the immediate east of India.

The session focused on trade facilitation measures taken to promote trade between India and ASEAN countries in manufacturing sector, promoting Small and Medium Enterprises (SME) ecosystem to enhance entrepreneurship quotient in the region and startup culture to create new pipeline of ideas.

Commerce and Industry Minister Suresh Prabhu thanked the ASEAN ministers for their presence at the gala gathering.

He highlighted that India and ASEAN share deep and strong relations.

Prabhu stressed that India is looking forward to further deepening our engagement with ASEAN, with all the special commemorative events celebrating “our Shared Values and Common Destiny”.

The Minister said the gathering “will help to envision the next 25 years of India-ASEAN relations, highlighting our various sectoral collaborations”.

The Expo had exhibitors across the sectors such as Infrastructure, manufacturing, engineering, ICT, healthcare, Tourism, Environment, Agriculture, Science & technology, Finance and Banking, Logistics and Retail.

Chief executives of businesses across ASEAN countries, led country Pavilions from the South East Asian region as well as India. fii-news.com