On 25th Jan, a special commemorative summit will be held on completion of 25 years of diplomatic relations between India and ASEAN bloc, in which leaders of all South East Asian countries will be present.
Prime Minister of Vietnam, Nguyen Xuan Phuc and Madame Tran Nguyen Thu being welcomed by Indian Human Resource Development Minister Satyapal Singh at the New Delhi airport. "Unquestionably in the next 25 years India would perhaps be the largest economy", he said at the ASEAN-India Business and Investment Meet.
On Friday, all 10 Asean leaders will be chief guests at India's 69th Republic Day celebrations-an unprecedented break with tradition for India, which usually invites the head of government of a single country as the Republic Day chief guest each year.
On Thursday, the prime minister will hold bilateral talks with the leaders of Thailand Prime Minister Prayut Chan-o-cha, Singapore Prime Minister Lee Hsien Loong, and Sultan of Brunei Hassanal Bolkiah, ahead of the summit.
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Prime Minister Narendra Modi will hold bilateral meetings with the visiting ASEAN leaders. He will be followed by Cambodia prime minister Hun Sen, Philippines president Rodrigo Duterte, Myanmar state counsellor Aung Saan Suu Kyi, Singapore prime minister Lee Hsein Loong, Thailand prime minister Prayut Chan-o-cha, Brunei sultan Hassan al Bolkiah, Malaysia prime minister Najib Razak and Laos prime minister Thongluin Sisolith.
Trade will be one of the major focus areas at the bilateral meetings and so will greater infrastructural connectivity, regional development in the northeastern states and regional security.
Addressing the conclave, India's minister for textiles Smriti Zubin Irani urged ASEAN industry to set up manufacturing bases in India to cater to the domestic market and exports.
However, Mr. Gongsakdi warned that unless India and ASEAN work out their reservations on free trade, including the Regional Comprehensive Economic Partnership (RCEP) agreement, they would not benefit from the infrastructure.
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The way India is moving forward on the path of consistently high economic growth, it is becoming a top favored investment destination said Union Finance Minister Arun Jaitley at the India-ASEAN Business and investment meeting on Tuesday.
"India and the Asean nations represent an aspirational world".
Inaugurating the event, Commerce Minister Suresh Prabhu, thanked the ASEAN ministers for their presence stating that India and ASEAN share deep and strong relations.
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