Saturday, December 29, 2012

ASEAN-INDIA COMMEMORATIVE SUMMIT



  • Venue: New Delhi
  • Theme: ‘ASEAN-India Partnership for Peace and Shared Prosperity’.
  • The commemorative summit is being organized to mark 20 years since India associated itself with ASEAN as its sectoral dialogue partner. India became a sectoral dialogue partner of ASEAN in 1992, and a full dialogue partner in 1996. 
  • India has been trying to give an impetus to its “Look East” policy, with intensive interaction with countries in the region by cooperating in sectors from defence to textiles.
  • India has been pushing for completion of negotiations over the ASEAN-India free trade agreement (FTA) on services and investment

 FLAGSHIP EVENTS:

  • Two flagship events being organized as part of the commemorative year events are the ASEAN Shipping Expedition of INS Sudarshini and the 2nd ASEAN-India Car Rally.

 AGREEMENT SIGNED:

  • India and ASEAN have finalized a free trade agreement (FTA) in services and investment and elevated their relationship to a strategic level.

 STRATEGIC PARTNERSHIP:

  • ASEAN has concluded strategic partnerships with three East Asian countries-China, Japan and South Korea. For India, a strategic partnership would mean giving a bigger political and security dimension to its relationship with the region, which has so far been confined to the economic sphere.

 VISION STATEMENT:

  • Manmohan Singh and the ASEAN leaders released a vision statement, in which the two sides committed themselves to realizing the ASEAN Community in 2015, comprising three pillars, namel.

  • ASEAN Political Security Community
  • ASEAN Economic Community
  • ASEAN Socio Cultural Community

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