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14th ASEAN-India Summit and 11th East Asia Summit in Vientiane, Lao PDR (September 08, 2016)

New Delhi, Fri, 02 Sep 2016 NI Wire

The Prime Minister Shri Narendra Modi will attend the 14th ASEAN-India Summit and the 11th East Asia Summit to be held in Vientiane, Lao PDR on 8 September 2016, at the invitation of H.E. Mr. Thongloun Sisoulith, Prime Minister of Lao PDR. The Summits will be attended by Heads of State/Government of the 10 ASEAN and 18 East Asia Summit Participating Countries respectively. In the margins, Prime Minister will also hold bilateral meetings with several leaders.

India's engagement with the ASEAN and wider Asia-Pacific region has acquired further momentum following the enunciation of the ‘Act-East Policy’ by Prime Minister Shri Narendra Modi at the 12th ASEAN-India Summit and 9th East Asia Summit in Myanmar in November 2014.

At the 14th ASEAN-India Summit, Prime Minister and ASEAN Leaders will review ASEAN-India cooperation and discuss its future direction under each of the three pillars of politico-security, economic and socio-cultural cooperation. They will also exchange views on regional and international issues of mutual interest and concern. 2017 will mark 25 years of India's dialogue partnership with ASEAN, to celebrate which a number of commemorative activities will also be announced by Prime Minister.

ASEAN is a strategic partner of India since 2012. India and ASEAN have 30 dialogue mechanisms which meet regularly, including a Summit and 7 Ministerial meetings in Foreign Affairs, Commerce, Tourism, Agriculture, Environment, Renewable Energy and Telecommunications. Minister of State for External Affairs, General (Dr.) Shri V.K. Singh (Retd.) recently attended the ASEAN-India Foreign Ministers' Meeting and EAS Foreign Ministers' Meeting in Vientiane on 25-26 July 2016. Minister of State for Commerce and Industry, Smt. Nirmala Seetharaman, attended the ASEAN Economic Ministers + India Consultations & EAS Foreign Ministers' Meeting held in Vientiane on 6 August 2016.

Trade between India and ASEAN stood at US$ 65.04 billion in 2015-16 and comprises 10.12% of India’s total trade with the world. The ASEAN-India economic integration process has got a fillip with the creation of the ASEAN-India Free Trade Area in July 2015, following the entry into force of the ASEAN-India Trade in Services and Investment Agreements. Conclusion of a balanced Regional Comprehensive Economic Partnership Agreement will further boost our trade and investment ties with the region.

The East Asia Summit is the premier leaders-led forum in the Asia-Pacific. Since its inception in 2005, it has played a significant role in the strategic, geopolitical and economic evolution of East Asia. Apart from the 10 ASEAN Member states, East Asia Summit includes India, China, Japan, Republic of Korea, Australia, New Zealand, United States and Russia.

India, being a founding member of the East Asia Summit, is committed to strengthening the East Asia Summit and making it more effective for dealing with contemporary challenges.

At the 11th East Asia Summit, Leaders will discuss matters of regional and international interest and concern including maritime security, terrorism, non-proliferation, irregular migration, etc. Three statements/declarations are expected to be adopted at the EAS, viz. the Vientiane Declaration on Promoting Infrastructure Development Cooperation in East Asia; an EAS Declaration on Strengthening Responses to Migrants in Crisis and Trafficking in Persons; and an EAS Statement on Non-Proliferation.

A Joint Statement on the Regional Comprehensive Economic Partnership (RCEP) Negotiations is expected to be adopted at a separate ceremony after the EAS.

Source: PIB


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