25 Years of India-ASEAN Economic Co-operation

25 Years of India-ASEAN Economic Co-operation PDF Author: Vishal Sarin
Publisher:
ISBN: 9788177084757
Category : India
Languages : en
Pages : 0

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Book Description
India has always stood for an open, equitable, predictable, non-discriminatory and rule-based international trading system. It views regional trade agreements (RTAs) as building blocks in the overall objective of trade liberalization as well as complementing the multilateral trading system under the World Trade Organization (WTO). India has been actively engaging in regional and bilateral trade negotiations with a view to diversify and expand the markets for its exports as well as ensuring access to raw materials, intermediates and capital goods for stimulating value added domestic manufacturing. India unveiled its Look East policy in 1991. East Asia (including Japan, China, South Korea and ASEAN) is today India's largest trading partner. India's engagement with the Association of Southeast Asian Nations (ASEAN) started with its Look East policy. ASEAN has a membership of 10 countries, namely Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. India became a Sectoral Dialogue Partner of ASEAN in 1992 and Full Dialogue Partner in 1996. In November 2001, the ASEAN-India relationship was upgraded to the summit level. Heads of State/Government of the Member States of ASEAN and the Republic of India gathered in New Delhi on January 25, 2018 to commemorate the 25th Anniversary of ASEAN-India Dialogue Relations under the theme of 'Shared Values, Common Destiny'. They reaffirmed their commitment to guide ASEAN-India Dialogue Relations by the principles, shared values and norms enshrined in the Charter of the United Nations. This book traces the course of India-ASEAN economic relations, focusing on trade. It provides an in-depth analysis of trade flows between India and the ASEAN countries in recent years.

25 Years of India-ASEAN Economic Co-operation

25 Years of India-ASEAN Economic Co-operation PDF Author: Vishal Sarin
Publisher:
ISBN: 9788177084757
Category : India
Languages : en
Pages : 0

Get Book Here

Book Description
India has always stood for an open, equitable, predictable, non-discriminatory and rule-based international trading system. It views regional trade agreements (RTAs) as building blocks in the overall objective of trade liberalization as well as complementing the multilateral trading system under the World Trade Organization (WTO). India has been actively engaging in regional and bilateral trade negotiations with a view to diversify and expand the markets for its exports as well as ensuring access to raw materials, intermediates and capital goods for stimulating value added domestic manufacturing. India unveiled its Look East policy in 1991. East Asia (including Japan, China, South Korea and ASEAN) is today India's largest trading partner. India's engagement with the Association of Southeast Asian Nations (ASEAN) started with its Look East policy. ASEAN has a membership of 10 countries, namely Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. India became a Sectoral Dialogue Partner of ASEAN in 1992 and Full Dialogue Partner in 1996. In November 2001, the ASEAN-India relationship was upgraded to the summit level. Heads of State/Government of the Member States of ASEAN and the Republic of India gathered in New Delhi on January 25, 2018 to commemorate the 25th Anniversary of ASEAN-India Dialogue Relations under the theme of 'Shared Values, Common Destiny'. They reaffirmed their commitment to guide ASEAN-India Dialogue Relations by the principles, shared values and norms enshrined in the Charter of the United Nations. This book traces the course of India-ASEAN economic relations, focusing on trade. It provides an in-depth analysis of trade flows between India and the ASEAN countries in recent years.

ASEAN, PRC, and India

ASEAN, PRC, and India PDF Author: Asian Development Bank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
Asia's remarkable economic performance and transformation since the 1960s has shifted the center of global economic activity toward Asia, in particular toward the Association of Southeast Asian Nations (ASEAN) economies, the People's Republic of China, and India (collectively known as ACI). While these dynamic developing economies do not form any specific institutional group, they constitute very large economies and markets. These emerging Asian giants share common boundaries, opportunities, and challenges. Their trade, investment, production, and infrastructure already are significantly integrated and will become more so in the coming decades. This book focuses on the prospects and challenges for growth and transformation of the region's major and rapidly growing emerging economies to 2030. It examines the drivers of growth and development in the ACI economies and the factors that will affect the quality of development. It also explores the links among the ACI economies and how their links may shape regional and global competition and cooperation.

Economic Cooperation between Singapore and India

Economic Cooperation between Singapore and India PDF Author: Faizal bin Yahya
Publisher: Routledge
ISBN: 1134084595
Category : Political Science
Languages : en
Pages : 351

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Book Description
Asian interregional economic cooperation has assumed greater prominence with the rise of Asia‘s two giant economies of China and India. The economic liberalization of China‘s economy in 1979, followed by India in 1991, signalled the presence of business opportunities to foreign investors - including those from Asia. This book examines the growing e

ASEAN and India–ASEAN Relations

ASEAN and India–ASEAN Relations PDF Author: M. Mayilvaganan
Publisher: Routledge
ISBN: 1000460967
Category : Social Science
Languages : en
Pages : 298

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Book Description
This book analyses the nearly 30 years of India–ASEAN relations from a contemporary perspective, identifies the reasons for India’s vibrant and significant relation with ASEAN and examines the cultural, economic, political and strategic linkages between India and ASEAN. The book projects the future of India–ASEAN relations in the face of the changing Indo-Pacific geopolitics and explores potential policies which could enhance the connection between India and Southeast Asian countries. Arguing that ASEAN is of primary importance to India, the book suggests that any successful outing in the Indo-Pacific would need a strong partnership with India. The book demonstrates how external powers influence ASEAN, with many of them supporting the centrality of ASEAN and its regional architecture in the broader Indo-Pacific. Chapters by experts in their fields present thematically specific analyses of political, defence, maritime and cultural aspects as well as the position of Northeast India in the India–ASEAN relations and assess the success and challenges of India’s ties with ASEAN in the context of the Look East and the Act East Policies. A reassessment of ASEAN–India relations past and present, this book will be of interest to academics and policy makers working in the field of International Relations, Asian Politics and South Asian Politics, in particular India’s Foreign Policy and Southeast Asian Politics.

ASEAN Centrality and the ASEAN-US Economic Relationship

ASEAN Centrality and the ASEAN-US Economic Relationship PDF Author: Peter A. Petri
Publisher:
ISBN: 9780866382465
Category : Business & Economics
Languages : en
Pages : 75

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Book Description
The Association of Southeast Asian Nations (ASEAN) is strategically significant because of its size, dynamism, and role in the Asian economic and security architectures. This paper examines how ASEAN seeks to strengthen these assets through "centrality" in intraregional and external policy decisions. It recommends a two-speed approach toward centrality in order to maximize regional incomes and benefit all member economies: first, selective engagement by ASEAN members in productive external partnerships and, second, vigorous policies to share gains across the region. This strategy has solid underpinnings in the Kemp-Wan theorem on trade agreements. It would warrant, for example, a Trans-Pacific Partnership (TPP) agreement with incomplete ASEAN membership, complemented with policies to extend gains across the region. The United States could support this framework by pursuing deep relations with some ASEAN members, while broadly assisting the region's development.

Deepening Economic Cooperation between India and Sri Lanka

Deepening Economic Cooperation between India and Sri Lanka PDF Author: Indra Nath Mukherji
Publisher: Asian Development Bank
ISBN: 9292541706
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
This book analyzes the performance and impact of the India–Sri Lanka free trade agreement over the past decade and suggests the way forward. India became an important source of imports for Sri Lanka immediately after the implementation of the free trade agreement. Bilateral trade between the countries increased steadily thereafter, with Sri Lankan commodities finding a large market in India. The composition of trade also changed with an increased number of new goods being traded. The book computes indices and suggests scope for deepening economic cooperation between the two countries by pruning the negative lists for trade in goods, identifying potential investment, and suggesting policies for expanding cooperation in services.

Act East to Act Indo-Pacific

Act East to Act Indo-Pacific PDF Author: Prabir De
Publisher: K W Publishers Pvt Limited
ISBN: 9789389137309
Category : Asia
Languages : en
Pages : 348

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Book Description
India is known as a leading voice in international affairs. India's economic size, vast and growing market, democratic institutions, access to ocean and foundation of science largely explain why India continues to play an important role in global and regional affairs. India is the only country in Asia having the heft to counterbalance China and thus welcomed by many countries in Asia and the Pacific. India has embarked on a period of radical changes in its foreign and economic policies. Faced with a major slowdown of India's trade with Southeast and East Asia in 2014-15, the government responded by initiating far-reaching Act East Policy (AEP) aimed at greater economic integration with South, Southeast and East Asian nations. Started with a fresh vigour in 2014, AEP has gained a new momentum while acting on the east. The Act 'East' is now getting transformed into Act 'Indo-Pacific'. This book presents short essays written by the author on several key aspects of India's economic relations and the challenges faced by India in the post-AEP period. Ten broad themes are analysed in this book: BBIN, BIMSTEC, SAARC, ASEAN, MGC, Act East - North East, BCIM, BRI, Act Far East and Indo-Pacific. This volume highlights what, in author's best judgement, should be the direction for India's expanding neighbourhood. It is an economist's insight and field experience based analysis that offers guidelines for international cooperation. This volume is an invaluable companion for the policymakers, academia, students of international relations, diplomats and the general readership as well. India's foreign policy started attracting renewed global attention since the beginning of the economic reforms in 1991 which led to the gradual opening of the Indian economy. India's trade has expanded manifold and today contributes over 40 per cent of its GDP, as compared about 3 per cent before. In PPP terms, India is the world's one of the top five largest economies. Clearly, the world expects India to play a larger role, commensurate with its size and growing power. In rising protectionism worldwide, countries, particularly developing and LDCs are looking towards a greater regional cooperation.

Connecting South Asia and Southeast Asia

Connecting South Asia and Southeast Asia PDF Author: ADBI
Publisher: Brookings Institution Press
ISBN: 4899740484
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
This report analyzes how closer regional connectivity and economic integration between South Asia and Southeast Asia can benefit both regions, with a focus on the role played by infrastructure and public policies in facilitating this process. It examines major developments in South Asian–Southeast Asian trade and investment, economic cooperation, the role of economic corridors, and regional cooperation initiatives. In particular, it identifies significant opportunities for strengthening these integration efforts as a result of the recent opening up of Myanmar in political, economic, and financial terms. This is particularly the case for land-based transportation—highways and railroads—and energy trading. The report’s focus is on connectivity in a broad sense, covering both hardware and software, including investment in infrastructure, energy trading, trade facilitation, investment financing, and support for national and regional policies.

ASEAN 2030

ASEAN 2030 PDF Author: ADBI
Publisher: Brookings Institution Press
ISBN: 4899740522
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with the proper policy mix—including domestic structural reforms and bold initiatives for regional integration—ASEAN has the potential to reach by 2030 the average quality of life enjoyed today in advanced economies and to fulfill its aspirations to become a resilient, inclusive, competitive, and harmonious (RICH) region. Key challenges moving forward are to enhance macroeconomic and financial stability, support equitable growth, promote competitiveness and innovation, and protect the environment. Overcoming these challenges to build a truly borderless economic region implies eliminating remaining barriers to the flow of goods, services, and production factors; strengthening competitiveness and the institutional framework; and updating some governing principles. But ASEAN should not merely copy the European Union. It must maintain its flexibility and pragmatism without creating a bloated regional bureaucracy. The study’s main message is that through closer integration, ASEAN can form a partnership for achieving shared prosperity in the region and around the globe.

Celebrating the Third Decade and Beyond

Celebrating the Third Decade and Beyond PDF Author: Prabir De
Publisher: Routledge
ISBN: 1351013572
Category : Political Science
Languages : en
Pages : 256

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Book Description
The ASEAN-India economic integration has made substantial progress in recent years. India’s engagements with Southeast and East Asia have received new momentum under the Act East Policy (AEP). In 2017, ASEAN and India will be celebrating 25 years of their dialogue relations. The relationship is set to deepen in coming days as ASEAN and India step up their collaboration across a range of economic and strategic issues, including trade and connectivity, culture, people-to-people links, trans-national terrorism, and maritime security. However, both of them have been facing several challenges which call for concerted efforts by ASEAN and India. With ASEAN and India working towards establishing a Comprehensive Free Trade Area through Regional Comprehensive Economic Partnership (RCEP) agreement, their cooperation will be key in promoting economic stability, competitiveness, growth and integration in the region. This book is a timely initiative to review the past and suggest the ways to further strengthen the economic partnership. It primarily deals with the economic integration issues between ASEAN and India, and assesses policy priorities, effectiveness, implementation imperatives and challenges. Each chapter in this book tries to capture essential features of the crosscutting issues and attempts to draw some policy implications. It will be a valuable reference for policymakers, academics and practitioners. Please note: Taylor & Francis does not sell or distribute the Hardback in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka