ASEAN

Established in 1967, ASEAN is a 10-member regional bloc promoting economic growth, social progress, and regional stability through "ASEAN Centrality" in Southeast Asian affairs.

India-ASEAN Trade and FTA Upgrade

  • Economic ties remain a cornerstone, with bilateral trade reaching approximately $122 billion in 2023-24. However, a significant trade deficit persists for India.
  • Negotiations to review the AITIGA (Goods Agreement) seek to address trade imbalances.
  • India aims to simplify Rules of Origin to prevent third-party circumvention.
  • Upgrading the FTA is crucial for enhancing regional supply chain resilience.
  • Focus areas include digital economy cooperation and removing non-tariff barriers.

ASEAN Outlook on Indo-Pacific (AOIP) Alignment

  • The AOIP and ....
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