ASEAN

/Tag: ASEAN

India’s measured move on RCEP an opportunity for Australia

2019-11-18T12:15:37+00:00November 18th, 2019|Uncategorized|

The head of a corporate advisory firm specialising in Australia–India relations analyses the many reasons why India pulled out of RCEP, and how this provides sufficient elbow room to  partner countries like Australia to resolve their issues bilaterally with India. Highlights: The removal of tariffs from over 90 goods would have increased the deficit to a much higher level impacting the Indian economy. The dumping of products like cheap rubber, coffee, tea, pepper, coconut from ASEAN nations would have heavily [...]

RCEP lessons: India must reform faster to become more competitive

2020-08-20T07:01:21+00:00November 8th, 2019|India Inc News|

India’s withdrawal from the RCEP trade pact indicates that it remains open for business on its own terms and is also an acceptance that reforms must carry on at pace, writes India Inc. Founder & CEO Manoj Ladwa. Unanimity and consensus are difficult to achieve in India but Prime Minister Modi’s decision to pull out of the Regional Comprehensive Economic Partnership (RCEP) deal has been welcomed by almost all stakeholders – political parties, businesses and farmers associations. For me, this [...]

Indo-Pacific: India’s factor markets hold back full integration with region

2019-06-07T09:45:20+00:00May 21st, 2019|2019, UK Edition – May 2019|

India has close economic and strategic ties with the ASEAN, Japan, South Korea, Australia and New Zealand. But the new government will have to overhaul the country’s land, labour and capital markets for the relationship to reach its full potential. Even as India’s elections were winding their way to a final denouement, the Indian Navy was conducting drills in the disputed South China Sea, claimed in full by China, with the navies of the United States, Japan and the Philippines. [...]

A wide scope of Indian expansion in Malaysia

2019-08-28T13:36:22+00:00February 13th, 2019|2019, Global Edition – February 2019, Home Page|

The Malaysian Investment Development Authority (MIDA) runs through ways Indian investors can capitalise on business opportunities in Malaysia. Malaysia is no stranger to the Indian business community. The relationship has been dynamic, evolving in the rapidly changing international environment. The Malaysian Investment Development Authority (MIDA), the principal investment promotion agency for the country, set up its overseas office in Mumbai in April 2008. This office is responsible for the promotion of quality Indian investments into Malaysia, to provide potential investors [...]

Modi spells out free, open, inclusive Indo-Pacific policy

2020-03-16T09:52:42+00:00July 17th, 2018|2017/2018, Global Edition – July 2018|

Our strategic expert uses the Indian PM’s address at the Shangri-La Dialogue to evaluate the country’s focus on the Indo-Pacific region. The highlight of Prime Minister Narendra Modi’s three-nation, five-day visit to Southeast Asia at the end of May/early June 2018 was his Keynote Address at the annual Shangri-La Dialogue in Singapore on 1 June evening, which I attended as a senior research staff member of the host organisation, the London-based think tank the International Institute for Strategic Studies (IISS). [...]

Act East: Investing in the Northeast of India

2018-05-23T12:35:42+00:00April 18th, 2018|2017/2018, Global Edition – April 2018, Year|

India has finally woken up to tap the immense potential of its far-flung Northeast states but it would take time before it becomes the darling of foreign investors. Ask any average citizen on the road in mainland India the names and capital cities of the eight Northeastern states of the country and there is a high likelihood they would fumble and embarrass themselves. A popular joke in the northern parts of the country is that only an aspirant of the [...]

Vietnam is critical to balance of power in Asia

2020-03-04T07:06:48+00:00April 18th, 2018|2017/2018, Country Focus, Global Edition – April 2018, Year|

Given the ambivalence of some ASEAN countries to China’s rise and Beijing’s hardnosed strategy of using its financial heft to buy influence across Asia, it is important for democracies like India and Japan to foster cooperation with Vietnam. It is not very often that New Delhi hosts the Prime Minister and the President of the same country within a span of five weeks. But that’s exactly what Indian Prime Minister Narendra Modi did, inviting Vietnamese Prime Minister Nguyen Xuan Phuc [...]

Weary of China, ASEAN looks at India for leadership

2020-03-03T09:50:04+00:00February 23rd, 2018|2017/2018, Region Focus, UK Edition - March 2018, Year|

ASEAN is heavily dependent on China for trade but distrust between the two in South China Sea offers an opening for India to enhance its stature in the region. Every year, as India celebrates the birth of its Republic in the last week of January, the world watches as the largest democracy shows its mettle as a social, political, cultural and military superpower. This year however, was a particularly power packed show not because the tableaus of various states of [...]

Greater India-ASEAN engagement is imperative for India

2020-03-24T06:38:55+00:00February 23rd, 2018|2017/2018, Region Focus, UK Edition - March 2018, Year|

There appears to be awareness that India’s relations with the Association of South East Asian Nations (ASEAN) must move beyond symbolism. One of Narendra Modi’s first foreign policy initiatives called on the country to reinvigorate its “Look East” policy, making it an “Act East” policy. The Look East policy, launched in 1991, is not without achievements – bilateral trade between India and the Association of South East Asian Nations (ASEAN) increased from just $2.3 billion in 1991/92 to around $70 [...]