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East Asian leaders attend India's Republic Day parade

East Asian leaders attend India's Republic Day parade

At the same meeting, Najib said he had also congratulated Modi on India's success in recording rapid economic growth and the success of the latter's party BJP which controls 19 of the 29 states in India.

27 newspapers in 10 ASEAN countries carried the op-ed "Shared Values, Common Destiny" written by Prime Minister Narendra Modi on the occasion of 69th Republic Day and ASEAN-India Commemorative Summit.

"For 50 years, ASEAN has maintained peace and prosperity in Southeast Asia, and now I believe the partnership of India-ASEAN will give more positive impacts to the region", he reiterated.

Mr Lee, who co-chaired Wednesday's Asean-India commemorative summit - as Singapore chairs Asean this year - pushed hard for a commitment to seal the regional trade pact by this year. -AFP Indian volunteers walk alongside a tableau holding the national flags of the ASEAN countries during the Republic Day Parade.

Saying that INDIA-ASEAN trade and investment flows have multiplied several times, Mr Modi reiterated that ASEAN and India have enormous opportunities to chart a steady course through the uncertain and turbulence times to a stable and peaceful future for the region and the world.

India will offer 1,000 scholarships at Indian Institutes of Technology to PhD students from the Association of Southeast Asian Nations (ASEAN). The Indian service sector if works together with the ASEAN will yield in the world's largest service sector bloc.

More news: Incentives to boost US-based solar manufacturing

Even as the southeast Asian economies look to find a deal with China's domination, the USA pulling out of the Trans-Pacific Partnership (TPP) has come as a body blow for them.

"When you make a trade agreement like this, it is very seldom only about economics or trade". This was a "huge exercise in logistics and security", because though "we've had several summits (involving multiple heads of states) they have never coincided with Republic Day", she said.

It has also put India among the fastest-growing sources of tourism in South-east Asia.

On 31 December previous year, Goh, who was Lee's predecessor as prime minister, wrote that he hopes the identity of Singapore's next premier will be decided in the next six to nine months. It may be recalled that India already has robust defence ties with Vietnam in the region. For instance, when it comes to Singapore alone, India is a both "a leading destination and source of investments".

ASEAN-India cooperation has also expanded to new fields, especially the sea-based economy. He visited India during the 64th Republic Day.


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