India Abroad

India’s Act East Policy Is Shaped Around The ASEAN, Says PM Modi At 15th India-ASEAN Summit

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| } November 14 , 2017 , 17:42 IST

Prime Minister Narendra Modi addressed the 15th India ASEAN Summit on Tuesday in Manila, in the first prime ministerial trip to the Philippines in 38 years, since the visit of former PM Indira Gandhi. The India-ASEAN Commemorate Summit is an international trade meet where India holds dialogue with the ASEAN member nations.

Addressing the 15th India-ASEAN Summit, PM Modi asserted that the ASEAN is at the core of India's 'Act East Policy' and that India seeks to further strengthen cooperation with ASEAN.

"50 years of ASEAN is an occasion of pride, joy and a time to think ahead about what we can achieve. India places ASEAN at the core of our 'Act East Policy.' Our ties with ASEAN are old and we want to further strengthen cooperation," said PM Modi.

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"India’s Act East Policy is shaped around the ASEAN, and its centrality in the regional security architecture of the Indo-Pacific region is evident," he continued.

"India assures the ASEAN of its steady support towards achieving a rules-based regional security architecture that best attests to the region’s interests and its peaceful development," said PM Modi.

"We have suffered due to the menace of terror. The time has come for us to unite and think about mitigating terrorism," he said.

"We have individually strived very hard to fight terrorism and violent extremism. It is time that we jointly address this challenge by intensifying cooperation in this crucial area," said the PM.

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"I look forward to a befitting culmination of the commemorative year and receiving you at the India-ASEAN Special Commemorative Summit on 25 January 2018 in New Delhi," he said.

"The 1.25 billion people of India are keen to welcome the ASEAN Leaders as our Chief Guests at India’s 69th Republic Day Celebrations," said PM Modi.

An official statement by the Ministry of External Affairs ahead of PM Modi's visit to the Philippines said: Trade between India and ASEAN stood at US$ 71 billion in 2016-17 and comprises 10.85% of India’s total trade with the world. Early conclusion of a balanced Regional Comprehensive Economic Partnership Agreement will further boost our trade and investment ties with the region.