India shares development experience with ASEAN
Monday, April 9,2018AsemconnectVietnam - The 20th ASEAN-India Senior Officials’ Meeting (SOM) co-chaired by Deputy Foreign Minister and head of Vietnam ASEAN SOM Nguyen Quoc Dung and Secretary of the Indian Ministry of External Affairs Preeti Saran was held in Hanoi on April 5-6.
They extolled the progress of the implementation of the Action Plan for 2016-2020 and a raft of priority fields for 2016-2018. Up to March 2018, 75 out of 130 activities in the Action Plan have been finalized, equivalent to 60 % after two years.
The two sides consented to push their strategic partnership in a pragmatic and effective manner, particularly in priority fields of their strength.
The officials vowed to enhance bilateral trade and investment ties by effectively carrying out free trade agreements in goods, services and investment, promoting connectivity in the private sector, and facilitating small and medium-sized enterprises’ access to technologies and capital sources.
They underlined the need to effectively undertake projects and initiatives on road, navigation, aviation and digital connectivity.
The ASEAN officials lauded India’s sharing of experience in building smart cities, developing the sea-based economy, and helping ASEAN and India firms form regional value chains, effectively join global value chains and narrow development gap.
They also spoke of their appreciation for proposals to realize initiatives announced by Indian Prime Minister Narendra Modi at the ASEAN-India Commemorative Summit such as opening a digital village in Cambodia, Laos, Myanmar and Vietnam, designating 2019 as the Year of ASEAN-India Tourism, offering doctorate scholarships to ASEAN member states, and running training courses on electricity use and transmission, telecom and cyber technology.
Preeti Saran affirmed India’s policy of respecting ASEAN’s central role in regional processes and committed to assisting ASEAN in building its community.
Developing the sea-based economy and strengthening inclusive connectivity, especially digital connectivity, are key factors behind the promotion of the ASEAN-India partnership to a new height with a market of nearly 2 billion people and a gross domestic product of more than US$3.8 trillion per year, he said.
Concerning the regional and international situation, the two sides praised the resumed negotiations and hoped that an effective and legally-binding Code of Conduct in the East Sea will be realized soon.
Source: vov.vn
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