Prime Minister Narendra Modi on Sunday attended the 16thASEAN-India Summit in Bangkok, Thailand.
In his opening remarks, the Prime Minister expressed happiness in being part of the 16th India – ASEAN Summit. He thanked Thailand for the warm hospitality and extended best wishes to Vietnam for taking over as Chairman of next year's Summit.
PM Modi said that India's Act East Policy is a significantcornerstone of the Indo-Pacific strategy; adding that ASEAN is at the core ofAct East Policy. A strong ASEAN will immensely benefit India.
Prime Minister highlighted steps being taken to improvesurface, maritime, air and digital connectivity. One-billion-dollar Indian lineof credit will prove beneficial for improving physical and digitalconnectivity, he said.
PM Modi said that India wants to strengthen cooperation inthe areas of maritime security and blue economy. He also welcomed the recentdecision to review India ASEAN FTA saying it will improve economic partnershipbetween the two countries.
