{"id":34068,"date":"2018-10-30T15:41:41","date_gmt":"2018-10-30T10:11:41","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=34068"},"modified":"2018-10-30T15:41:41","modified_gmt":"2018-10-30T10:11:41","slug":"modi-leaves-for-philippines-to-attend-asean-summit","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/modi-leaves-for-philippines-to-attend-asean-summit\/","title":{"rendered":"Modi leaves for Philippines to attend ASEAN Summit"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.thehindu.com\/news\/national\/modi-leaves-for-philippines-to-attend-asean-summit\/article20300880.ece\">Modi leaves for Philippines to attend ASEAN Summit<\/a><\/strong><\/p>\n<p><b>Context<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Prime Minister Narendra Modi on Sunday left for the Philippines, where he will participate in various bilateral and multilateral programmes, including the much-awaited Indian \u2013 ASEAN summit.<\/span><\/li>\n<\/ul>\n<p><b>What does the summit mean to India?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The India-ASEAN Summit symbolizes India\u2019s commitment to deepen its ties with the ASEAN member states and the Indo-Pacific region as part of the \u2018Act East Policy\u2019.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The 10-member grouping ASEAN and India comprise a total population of 1.85 billion people which is one-fourth of the global population. The combined GDP has been estimated at <\/span><b>over 3.8 trillion dollars.<\/b><\/li>\n<\/ul>\n<p><b>What else is on the list?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Apart from participating in the ASEAN-India and East Asia Summits, in the three-day visit, Mr. Modi would also take part in special celebrations of the <\/span><b>50th anniversary of ASEAN<\/b><span style=\"font-weight: 400;\">, <\/span><b>Regional Comprehensive Economic Partnership (RCEP) Leaders\u2019 Meeting<\/b><span style=\"font-weight: 400;\"> and <\/span><b>ASEAN Business and Investment Summit<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The bilateral meeting with Philippines President Rodrigo Duterte with PM Modi and interactions with other ASEAN and East Asia Summit Leaders is also on the cards.<\/span><\/li>\n<\/ul>\n<p><b>ASEAN<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Association of South-East Asian Nations (ASEAN) comprises of Indonesia, Singapore, Philippines, Malaysia, Brunei, Thailand, Cambodia, Lao PDR, Myanmar and Vietnam.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India\u2019s relationship with ASEAN is an outcome of the significant changes in the world\u2019s political and economic scenario since the early 1990s.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">\u2018Look East Policy\u2019 is India\u2019s research for economic space.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Look East Policy has today turned into a dynamic and action oriented \u2018Act East Policy.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">PM at the 12th ASEAN India Summit and the 9th East Asia Summit held in Nay Pyi Taw, Myanmar, in November, 2014, formally enunciated the Act East Policy.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India&#8217;s relationship with ASEAN is a key pillar of our foreign policy and the foundation of our Act East Policy.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The up-gradation of the relationship into a Strategic Partnership in 2012 was a natural progression to the ground covered since India became a Sectoral Partner of the ASEAN in 1992, Dialogue Partner in 1996 and Summit Level Partner in 2002.<\/span><\/li>\n<\/ul>\n<p><b>Security cooperation<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The main forum for ASEAN security dialogue is the ASEAN Regional Forum (ARF).<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India has been attending annual meetings of this forum since 1996 and has actively participated in its various activities.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The ASEAN Defence Ministers&#8217; Meeting (ADMM) is the highest defence consultative and cooperative mechanism in ASEAN.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The ADMM+ brings together Defence Ministers from the 10 ASEAN nations plus Australia, China, India, Japan, New Zealand, Republic of Korea, Russia, and the United States on a biannual basis.<\/span><\/li>\n<\/ul>\n<p><b>Trade and Investment<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India-ASEAN trade and investment relations have been growing steadily, with ASEAN being India&#8217;s fourth largest trading partner.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The annual trade between India and ASEAN stood at approximately US$ 76.53 billion in 2014-15.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">It declined to US$ 65.04 billion in 2015-16 essentially due to declining commodity prices amidst a general slowing down of the global economy.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Investment flows are also substantial both ways, with ASEAN accounting for approximately 12.5% of investment flows into India since 2000.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The ASEAN-India Free Trade Area has been completed with the entering into force of the ASEAN-India Agreements on Trade in Service and Investments on 1 July 2015.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">ASEAN and India have been also working on enhancing private sector engagement.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">ASEAN India-Business Council (AIBC) was set up in March 2003 in Kuala Lumpur as a forum to bring key private sector players from India and the ASEAN countries on a single platform for business networking and sharing of ideas.<\/span><\/li>\n<\/ul>\n<p><b>Convergence<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Economic ties between India and Southeast Asia are, for reasons of history, orientation and policy, today still rather thin.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There seems to be a trend of convergence between the economic orientations and policies of India and Southeast Asia, as it within ASEAN itself.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Free global trade and globalization are the common grounds between ASEAN and India.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There is also a trend toward a common appreciation that states and corporations have to ensure that their people are adequately educated and trained and physically fit for the inflexibilities of global competition in the information age, having an inherent right, in any case, to education and health care.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There seems to be enough common ground between ASEAN and India for them to forge ahead in cultivating the environment for expanding and deepening the trade, investments and capital flows between them.<\/span><\/li>\n<\/ul>\n<p><b>Current relations<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The year 2017 also completes 15 years of India-ASEAN dialogue at the summit.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">2017 also commemorates the completion of five years of strategic partnership between Asia\u2019s third-largest economy and one of the most successful economic groupings in the world.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India\u2019s bid to accentuate its links with ASEAN comes at a time of flux in the region with China seen as growing more assertive vis-a-vis its territorial claims in the oil and gas-rich South China Sea, which is also a major international maritime trade route.<\/span><\/li>\n<\/ul>\n<p><b>What needs to be done?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India is yet to give a signal that its remains committed to a long-term strategic presence in the region.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Economically, India needs to develop connectivity with the region so that economic complementarities can be fully realized.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Militarily, India needs to evolve into a robust security provider in the region.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Diplomatically, it needs a sustained outreach.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Culturally, it needs to build on the shared cultural linkages.<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Modi leaves for Philippines to attend ASEAN Summit Context Prime Minister Narendra Modi on Sunday left for the Philippines, where he will participate in various bilateral and multilateral programmes, including the much-awaited Indian \u2013 ASEAN summit. What does the summit mean to India? The India-ASEAN Summit symbolizes India\u2019s commitment to deepen its ties with the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/modi-leaves-for-philippines-to-attend-asean-summit\/\">Continue reading <span class=\"screen-reader-text\">Modi leaves for Philippines to attend ASEAN Summit<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-34068","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704931861},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/34068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=34068"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/34068\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=34068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=34068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=34068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}