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India’s ASEAN engagement needs a digital push
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Set to become one of world’s top five digital economies, the Asian bloc presents an opportunity for businesses and investors
India’s desire to enhance its commercial and trade relations with the Association of South East Asian Nations (ASEAN) is well-known. At the last two India-ASEAN summits, in 2019 and 2020, Prime Minister Narendra Modi reiterated ASEAN’s centrality to India’s ‘Act-East’ policy and called for enhanced connectivity between India and ASEAN to boost ties stating that a strong and prosperous ASEAN was in New Delhi’s interest.
In August 2020, Commerce and Industry Minister Piyush Goel stated that if India and ASEAN could work together to resolve their differences and harness their trade potential, a bilateral trade target of $300 billion could be realised.