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5th ASEAN-India Business Summit 2023

The 5th Asean-India Business Summit took place on 6 March 2023 in Kuala Lumpur. Speakers and participants from Asean and India convened to discuss how business linkages, connectivity and supply chain resilience can be enhanced through deeper ASEAN-India cooperation. The Minister of State for Electronics & Information Technology addresses the 5th ASEAN-India Business summit.

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About the ASEAN-India Business summit:

It is being held as part of the ASEAN-India Year of Friendship to commemorate the more than three-decade-long engagement between India and the 10-member bloc in Kuala Lumpur.

Key facts about ASEAN:

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  • It is a group of the Association of Southeast Asian Nations, which was established in 1967 with the signing of the Bangkok declaration.
  • Founding members: Indonesia, Malaysia, Philippines, Singapore and Thailand.
  • Presently ASEAN comprises 10 member states namely Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Laos, Myanmar, Cambodia and Vietnam.
  • It promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration between its members and other countries in Asia.

Malaysia: FAST FACTS:

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This Southeast Asian country consists of two regions separated by the South China Sea.

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