The largest ever ASEAN-India business and investment summit will be held in New Delhi capital city of India in January 2018, announced Indian Prime Minister Narendra Modi.
Indian Prime Minister Narendra Modi at the 31st ASEAN Summit in Manila, the Phippines (Photo: AP)
New Delhi (VNA) – Thelargest ever ASEAN-India business and investment summit will be held in 🍌NewDelhi capital city of India in January 2018, announced Indian Prime Minister NarendraModi.
He revealed the information duringthe ASEAN Business and Investment Summit on November 13 in Manila, thePhilippines, underlying the importance of building connectivity with the ASEANregion to strengthen its economic ties with India. A conference to discuss increasingconnectivity between both sides is also set to take place next month in NewDelhi, the Indian PM added. According to Modi, India’s Look EastPolicy puts ASEAN at the centre of the country’s engagement. Therefore,connectivity with ASEAN by land and sea remains India’s priority. India is seeking to extend theongoing trilateral highway project, which involves Myanmar and Thailand, tothree other countries. In addition, a maritime transportagreement between ASEAN and India is in progress, Modi said.-VNA
The 19th ASEAN-India Senior Officials’ Meeting (SOM) took place in New Delhi, India on April 5-6, discussing ways to promote cooperation between the two sides.
A meeting celebrating the 25th anniversary of Partnership between India and the Association of Southeast Asian Nations (ASEAN) took place in New Delhi, India on June 22.
Indian Prime Minister Narendra Modi has said that his trip to the Philippines for the India-ASEAN Summit shows the country's commitment to deepening ties with the ASEAN member states and the Indo-Pacific region as part of his “Act East Policy”.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
Univers said in a statement that the new centre will serve as a hub for innovation, bringing together digital intelligence and climate ambition to accelerate Sarawak's transition toward a low-carbon, tech-enabled economy.
The target is to be completely free from plastic waste within two years. This can only be achieved if all parties implement the initiative with strong discipline.
Indonesia is taking new steps to improve protections for fishery workers, amid concerns over low wages, harsh working conditions, and limited access to social welfare.
The 2025 ASEAN- the Republic of Korea (RoK) Connectivity Forum that opened in Jakarta on June 17 reaffirmed a shared commitment to shaping a connected, resilient future by advancing the ASEAN Connectivity Strategic Plan.
The desk will serve as a service centre providing market intelligence, business licensing guidance, facilitating business cooperation, identifying potential investment projects, and harmonising regulatory policies between the two parties.
Malaysian Prime Minister Anwar Ibrahim noted that the Asia-Pacific region accounted for half of global energy consumption and 60% of greenhouse gas emissions in 2024. Despite this, regional countries, including eight of ten ASEAN member states, remain committed to climate goals, including net-zero emissions and tripling global renewable capacity by 2030.