7th ASEAN-India Ministerial Meeting
- Posted By
28th Oct, 2022
Recently, the 7th ASEAN-India Ministerial Meeting (AIMMAF) on Agriculture and Forestry was held virtually.
- The 7th ASEAN-India Ministerial meeting also welcomed the 30th anniversary of ASEAN-India relations.
Key-Highlights of the Meeting
- India reiterated its vision of keeping the Association of Southeast Asian Nations (ASEAN) at the center of India’s Act East Policy.
- It also emphasized mutually close regional cooperation with ASEAN to ensure sustainable and inclusive growth for agricultural development in the region.
- India also urged the ASEAN member countries to support its efforts in increasing the production, processing, value addition and consumption of millets.
- This was highlighted while referring to the importance of millet (nutritional-cereals) as a nutritious food and the international nutritional-cereal year 2023.
- Nutritious cereals help in the creation of nutritious, with low resource requirements and more efficient agri-food systems.
- The progress in implementation of various programs and activities under the Medium Term Action Plan of ASEAN-India Cooperation (Year 2021-2025) was reviewed.
- In the meeting, the commitment to ASEAN-India cooperation in agriculture and forestry was reaffirmed.
- It was also agreed to take continuous measures under ASEAN-India cooperation for the implementation of post-pandemic recovery.
- Seamless flow of safe and nutritious agricultural products to ASEAN and India in order to mitigate the unprecedented impact of the COVID-19 pandemic.
- India said it is committed to enhance its cooperation with ASEAN in food security, nutrition, climate change adaptation, digital farming, nature-friendly agriculture, food processing, value chain, agricultural marketing and capacity building.
India-ASEAN Economic Cooperation
- ASEAN is India’s fourth largest trading partner.
- The ASEAN-India Free Trade Area has been completed.
- ASEAN India-Business Council (AIBC) was set up in 2003 to bring key private sector players from India and the ASEAN countries on a single platform.
- Financial assistance has been provided to ASEAN countries from the following Funds:
- ASEAN-India Cooperation Fund
- ASEAN-India S&T Development Fund
- ASEAN-India Green Fund
- Delhi Declaration identifies cooperation in the Maritime Domain.
- Delhi Dialogue: Annual dialogue for discussing politico-security and economic issues between ASEAN and India.
- ASEAN-India Centre (AIC): To undertake policy research, advocacy and networking activities with organizations and think-tanks in India and ASEAN.
- Political Security Cooperation: India places ASEAN at the centre of its Indo-Pacific vision of Security and Growth for All in the Region.
About ASEAN (Association of Southeast Asian Nations)
- It is a regional grouping that promotes economic, political, and security cooperation.
- It was established in August 1967 in Bangkok, Thailand with the signing of the ASEAN Declaration (Bangkok Declaration) by the founding fathers of ASEAN, namely Indonesia, Malaysia, Philippines, Singapore and Thailand.
- Its chairmanship rotates annually, based on the alphabetical order of the English names of Member States.
- ASEAN countries have a total population of 650 million people and a combined Gross Domestic Product (GDP) of USD 2.8 trillion.
- Commodity trade between India and ASEAN region has reached 98.39 billion in the period April 2021- February 2022.
- India’s main trading ties are with Indonesia, Singapore, Malaysia, Vietnam and Thailand.