{"id":42890,"date":"2024-10-11T01:09:10","date_gmt":"2024-10-10T19:39:10","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=42890"},"modified":"2025-05-05T21:19:05","modified_gmt":"2025-05-05T15:49:05","slug":"key-outcomes-of-the-21st-asean-india-summit-2024","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/key-outcomes-of-the-21st-asean-india-summit-2024\/","title":{"rendered":"Key Outcomes of the 21st ASEAN-India Summit 2024"},"content":{"rendered":"<h2><strong>What\u2019s in today\u2019s article?<\/strong><\/h2>\n<ul>\n<li>Why in News?<\/li>\n<li>What is ASEAN?<\/li>\n<li>India\u2019s relationship with ASEAN<\/li>\n<li>Key highlights of the 21st ASEAN &#8211; India Summit<\/li>\n<li>Joint Statement on Advancing Digital Transformation: Key Highlights<\/li>\n<\/ul>\n<h2><strong>Why in News?<\/strong><\/h2>\n<p>The 21st ASEAN-India Summit, held on 10 October 2024 in Vientiane, Lao PDR, marked a decade of India\u2019s Act East Policy. PM Modi participated for the 11th time, joining ASEAN leaders to assess the <strong>ASEAN-India Comprehensive Strategic Partnership<\/strong> and to shape future cooperation.<\/p>\n<h2><strong>What is ASEAN?<\/strong><\/h2>\n<ul>\n<li><strong>About<\/strong>\n<ul>\n<li>The Association of Southeast Asian Nations (ASEAN) is a regional grouping that aims to promote economic and security cooperation among its ten members:\u00a0\n<ul>\n<li>Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.\n<ul>\n<li>Timor-Leste joined the ASEAN in 2022 as an Observer. ASEAN has agreed in principle to accept <strong>Timor-Leste as its 11th member.<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li>ASEAN countries have a total population of 662 million people and a combined gross domestic product (GDP) of $3.2 trillion as of 2022.<\/li>\n<li>ASEAN has an anthem, a flag and biannual summits (twice a year) with a rotating chairmanship.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Establishment<\/strong>:\u00a0\n<ul>\n<li>It was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the founding fathers of ASEAN: Indonesia, Malaysia, Philippines, Singapore and Thailand.\u00a0<\/li>\n<\/ul>\n<\/li>\n<li><strong>Aim<\/strong>\n<ul>\n<li>The motto of ASEAN is \u201cOne Vision, One Identity, One Community\u201d.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Secretariat<\/strong>\n<ul>\n<li>ASEAN Secretariat is located in Jakarta, Indonesia.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><strong>India\u2019s relationship with ASEAN<\/strong><\/h2>\n<ul>\n<li><strong>ASEAN and Act East Policy<\/strong>\n<ul>\n<li>ASEAN is central to India\u2019s Act East policy, which focuses on the extended neighbourhood in the Asia-Pacific region.<\/li>\n<\/ul>\n<\/li>\n<li><strong>India among the dialogue partners<\/strong>\n<ul>\n<li>India is part of the ASEAN Plus Six grouping, which includes China, Japan, South Korea, New Zealand and Australia as well.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Trade and Investment<\/strong>\n<ul>\n<li>In 2010, India-ASEAN FTA in goods were signed. FTA in services were signed in 2014.\u00a0<\/li>\n<li>India and ASEAN are important trading partners, with ASEAN accounting for 11% of India&#8217;s global trade.\u00a0<\/li>\n<li>In 2023-24,\u00a0bilateral trade between the two sides was $122.67 billion.\n<ul>\n<li>India has a trade deficit with ASEAN, exporting $41.21 billion worth of merchandise to ASEAN states in 2023-24, while importing $79.67 billion.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>Institutional cooperation<\/strong>\n<ul>\n<li><a href=\"https:\/\/vajiramandravi.com\/quest-upsc-notes\/asean\/\" target=\"_blank\">India \u2013 ASEAN<\/a> summit-level partnership in 2002;\n<ul>\n<li>The year 2022 marked 30 years of ASEAN-India relations and it was designated as <strong>ASEAN-India Friendship Year<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<li>Ties were elevated to a strategic partnership in 2012 and Comprehensive Strategic Partnership in 2022.<\/li>\n<li>India and ASEAN have strengthened defence cooperation by the ASEAN Defense Ministers\u2019 Meeting Plus (ADMM+).<\/li>\n<li>The first ASEAN-India Maritime Exercise (AIME)was held in 2023.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Promoting Tourism and People-to-People Ties<\/strong>\n<ul>\n<li>2025 designated as ASEAN-India Year of Tourism to boost socio-economic development.<\/li>\n<li>Implementation of ASEAN-India Tourism Cooperation Work Plan 2023-2027.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><strong>Key highlights of the 21st ASEAN &#8211; India Summit<\/strong><\/h2>\n<ul>\n<li><strong>PM Modi\u2019s Address: Focus on ASEAN Unity and Economic Growth<\/strong>\n<ul>\n<li>PM Modi reiterated India\u2019s unwavering support for <strong>ASEAN Unity<\/strong>, <strong>ASEAN Centrality<\/strong>, and the <strong>ASEAN Outlook on the Indo-Pacific<\/strong>.\u00a0<\/li>\n<li>Calling the 21st century the &#8220;Asian century,&#8221; he stressed the importance of <strong>India-ASEAN ties<\/strong> in shaping Asia&#8217;s future.\u00a0<\/li>\n<li>Key achievements in the last decade include:\n<ul>\n<li>Doubling of <strong>India-ASEAN trade<\/strong> to over USD 130 billion<\/li>\n<li><strong>Direct flight connectivity<\/strong> with seven ASEAN nations<\/li>\n<li><strong>Fin-tech collaboration<\/strong> and restoration of shared <strong>cultural heritage<\/strong><\/li>\n<li>Scholarships for <strong>ASEAN youth<\/strong> at Nalanda University<\/li>\n<\/ul>\n<\/li>\n<li>PM also highlighted the need for a timely review of the <strong>ASEAN-India Free Trade Agreement (AITIGA)<\/strong> to unlock greater economic potential.<\/li>\n<\/ul>\n<\/li>\n<li><strong>10-Point Plan for Enhanced Connectivity and Resilience<\/strong>\n<ul>\n<li>In line with the Chair\u2019s theme of &#8220;Enhancing Connectivity and Resilience,&#8221; PM Modi unveiled a <strong>10-point plan<\/strong>, including:\n<ul>\n<li>Celebrating <strong>2025 as ASEAN-India Year of Tourism<\/strong> with USD 5 million for joint activities<\/li>\n<li>Marking a decade of the Act East Policy with <strong>people-centric activities<\/strong> like Youth Summits and Start-up Festivals<\/li>\n<li>Organizing the <strong>ASEAN-India Women Scientists Conclave<\/strong><\/li>\n<li>Doubling <strong>scholarships at Nalanda University<\/strong> and adding new ones at Indian agricultural universities<\/li>\n<li>Reviewing the <strong>ASEAN-India Trade in Goods Agreement (AITIGA)<\/strong> by 2025<\/li>\n<li>Allocating <strong>USD 5 million<\/strong> to enhance <strong>Disaster Resilience<\/strong><\/li>\n<li>Initiating a <strong>Health Ministers\u2019 track<\/strong> to build health resilience<\/li>\n<li>Establishing an <strong>ASEAN-India Cyber Policy Dialogue<\/strong><\/li>\n<li>Hosting a workshop on <strong>Green Hydrogen<\/strong><\/li>\n<li>Launching the <strong>\u2018Plant a Tree for Mother\u2019 campaign<\/strong> to promote climate resilience<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>Future Plan of Action (2026-2030)\u00a0<\/strong>\n<ul>\n<li>Leaders agreed on the creation of a new <strong>ASEAN-India Plan of Action (2026-2030)<\/strong> to further the partnership.\u00a0<\/li>\n<\/ul>\n<\/li>\n<li><strong>Two joint statements were adopted<\/strong>\n<ul>\n<li><strong>Joint Statement on Strengthening ASEAN-India Comprehensive Strategic Partnership<\/strong> for Peace, Stability, and Prosperity in the Indo-Pacific<\/li>\n<li><strong>Joint Statement on Advancing Digital Transformation<\/strong>, recognizing India\u2019s role in digital public infrastructure<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><strong>Joint Statement on Advancing Digital Transformation: Key Highlights<\/strong><\/h2>\n<ul>\n<li><strong>Strengthening ASEAN-India Partnership<\/strong>\n<ul>\n<li>The ASEAN member states and India reaffirmed their commitment to deepening the ASEAN-India Comprehensive Strategic Partnership, with a focus on advancing digital transformation and inclusive growth.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Importance of Digital Public Infrastructure (DPI)<\/strong>\n<ul>\n<li>India\u2019s contributions to <strong>ASEAN Digital Masterplan 2025<\/strong> and Centers of Excellence in Software Development were appreciated.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Financial Technology (FinTech) Collaboration<\/strong>\n<ul>\n<li>The partnership seeks to expand collaboration on FinTech innovations, especially through cross-border payment systems and digital financial solutions.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Cybersecurity Cooperation<\/strong>\n<ul>\n<li>Both parties supported the establishment of the <strong>ASEAN-India Cyber Policy Dialogue<\/strong> to bolster the resilience and security of digital infrastructure.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Artificial Intelligence (AI) Collaboration<\/strong>\n<ul>\n<li>The Joint Statement called for collaboration in AI to develop skills, infrastructure, risk management frameworks, and responsible policies.\u00a0<\/li>\n<li>Focus areas include upskilling and reskilling the workforce and promoting trustworthy AI systems.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Capacity Building and Knowledge Sharing<\/strong>\n<ul>\n<li>Capacity building and knowledge-sharing initiatives will be fostered through regular exchanges, workshops, and training programs under the <strong>ASEAN-India Digital Ministers\u2019 Meeting<\/strong> to support digital transformation efforts.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Sustainable Financing and Investment<\/strong>\n<ul>\n<li>India and ASEAN agreed to explore innovative financing mechanisms, including public-private partnerships and international funding to support digital initiatives.\u00a0<\/li>\n<li>The ASEAN-India Fund for Digital Future will initially fund these activities.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<hr \/>\n<h3><strong>Q.1. What was the key focus of PM Modi\u2019s address at the 21st ASEAN-India Summit?\u00a0<\/strong><\/h3>\n<p>PM Modi emphasized ASEAN unity, economic growth, and enhancing digital collaboration, with a 10-point plan focused on connectivity, resilience, and future cooperation.<\/p>\n<h3><strong>Q.2. How does the ASEAN-India partnership contribute to digital transformation?\u00a0<\/strong><\/h3>\n<p>The partnership supports collaboration in financial technology, cybersecurity, and AI, along with capacity building and knowledge sharing, aiming for inclusive digital growth in both regions.<\/p>\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/india\/india-asean-ties-key-in-times-of-conflict-pm-modi-9614214\/\" target=\"_blank\" rel=\"nofollow noopener\">PM Modi unveils 10-point plan to strengthen India-ASEAN relations<\/a> |<a href=\"https:\/\/www.mea.gov.in\/outoging-visit-detail.htm?38398\/Prime+Ministers+participation+in+the+21st+ASEANIndia+Summit+in+Lao+PDR\" target=\"_blank\" rel=\"nofollow noopener\">MEA<\/a> | <a href=\"https:\/\/www.mea.gov.in\/outoging-visit-detail.htm?38397\/ASEANIndia+Joint+Statement+on+Advancing+Digital+Transformation\" target=\"_blank\" rel=\"nofollow noopener\">Ministry of External Affairs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover the key highlights of the 21st ASEAN-India Summit held in Vientiane, including PM Modi&#8217;s 10-point plan, trade relations, digital transformation, and strategic partnerships between ASEAN and India.<\/p>\n","protected":false},"author":5,"featured_media":42891,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"class_list":{"0":"post-42890","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-mains-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/42890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=42890"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/42890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/42891"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=42890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=42890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=42890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}