The 4th India-ASEAN Expo and Summit started in New Delhi. This is a flagship event of Department of Commerce, being organized with FICCI to carry forward the momentum and to further strengthen India-ASEAN relations under the Act-East Policy.
The Association of South-East Asian Nations (ASEAN) comprises of Vietnam, Thailand, Singapore, Philippines, Myanmar, Malaysia, Lao PDR, Indonesia, Cambodia and Brunei. India’s relationship with ASEAN is a key pillar of our foreign policy and the foundation of our Act-East Policy.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important For NIACL AO Mains Exam:
- India-ASEAN trade and investment relations have been growing steadily, with ASEAN being the second largest trading partner of India, after China, with a total bilateral merchandise trade of USD 81.33 billion.