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Monday, April 29, 2024

India, ASEAN Agree to Review FTA Scope, Address Uneven Market Access

The 8th East Asia Summit (Economic Ministers’ Meeting) was held virtually on Friday, followed by the 17th ASEAN-India Economic Ministers Consultations on August 29.

India’s Commerce and Industry Minister Piyush Goyal and Tran Tuan Anh, Minister of Industry and Trade of Vietnam co-chaired the consultations on Saturday.

As countries around the world deal with the immediate impact of COVID-19 and its long-term economic and healthcare consequences, the India-ASEAN economic dialogue comes at a timely point.

Below we spotlight key points from the two days of economic discussion and virtual dialogue between India, ASEAN, and participating Asia-Pacific countries.

Ten years since its FTA with the Southeast Asian bloc came into effect, India asked the region’s trade ministers to review the scope of the trade agreement.

The Association of Southeast Asian Nations (ASEAN) consists of Brunei,…

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