Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Review of trade agreement with ASEAN should not be delayed: Jaishankar

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Review of trade agreement with ASEAN should not be delayed: Jaishankar
News and Press Release
Dated:- 25-2-2025
PTI
Guwahati, Feb 25 (PTI) External Affairs Minister S Jaishankar on Monday said the review of the trade agreement between India and ASEAN countries should not be further delayed. There has been steady growth and deepening of ties between New Delhi and these countries which .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... should be further leveraged by all concerned, Jaishankar said at a session on 'Act East, Act Fast and Act First' at the Advantage Assam Summit here. Since the 2024 Lok Sabha elections, India has received the Presidents of Indonesia and Singapore as well as the Prime Ministers of Malaysia and Vietnam, he said. "The trade agreement must be pursued as this can help give a fresh economic boost to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... this relationship with opportunities in emerging areas like AI, semiconductors, green shipping and green hydrogen actively pursued," he said. Malaysia and Thailand have liberalised visas for Indians and other ASEAN members have also expanded air connectivity while education and skill development can be domains for future cooperation as well, the minister said. The real game changer in the neighb .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ourhood policy will be the completion of the India-Myanmar-Thailand (IMT) Highway, the progress of which is currently challenged by the internal strife in Myanmar, Jaishankar said. "We cannot allow this to block something so momentous. Practical solutions will have to be found to ensure the advancement of this initiative," he added. The Neighbourhood First policy has made significant progress, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... whether it is in Bangladesh, Bhutan, Nepal or Myanmar, the minister said. This policy guides the management of India's relations with countries in its immediate neighbourhood. "We have seen new roads, checkpoints, rail links, waterways, power grids, fuel pipelines and transport facilities. There is much more to come in the years ahead," he said. New opportunities have opened up and this is t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ruly a "win-win outcome" which must be nurtured and taken forward, the minister said. "If we recall the challenges of the COVID and the fall out of the Ukraine conflict, India also acted fast and acted first in terms of vaccine supplies, flow of food grains, supply of fertilisers and availability of fuel," he said. For this, it was crucial that our partners have an equally positive view of these .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... prospects, he added. There are neighbours who have leveraged the possibility of growth opportunities and "we welcome that as we believe that our track record since 2014 should put to rest any ambivalence", he said. Some quarters, however, see only problems rather than look for solutions but at the end of the day, regional growth requires whole-hearted cooperation, Jaishankar said. Both Japan .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... and South Korea have also emerged as significant economic players in a range of areas in India, he said. Japan has accorded priority to the development projects in the North East in various fields, particularly in enhancing mobility and educational exchanges, the minister said. Assam and the North East will emerge as a major hub with steady improvement of connectivity, skill development and ad .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... vantage of geographical location, Jaishankar added. PTI DG NN
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates