Sign up | Log in



Home  >>   Daily News  >>   Asean  >>Trade  >> India trade volume with ASEAN to double by 2022
NEW UPDATES Asean Affairs  17 March  2015  

India trade volume with ASEAN to double by 2022

Trade between India, the world’s second-most populous country, and the Association of Southeast Asian Nations is targeted to double by 2022 from an estimate of US$100 billion [K100,000 billion] this year, as an economic partnership pact is expected to be signed later this year, reports the Jakarta Globe on March 12.

Mr Anil Wadhwa, the secretary for the East at India’s External Affairs Ministry, said the implementation of the ASEAN-India free trade agreement in goods that was signed in 2009, has already resulted in a significant increase in trade between the two economies: to over $74 billion in 2013-14 from $44 billion in 2009-10.

This year, the figure is expected to rise to $100 billion.

ASEAN — Myanmar, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Brunei, Laos, Cambodia — was India’s fourth-largest trade partner last year.

“The trade level is well below our true potential and we hope that the FTA in goods, when reviewed, will lead to better efficacy and results,” Mr Wadhwa said at the start of the business session of the Delhi Dialogue VII, an annual gathering of government officials, company executives and academics from India and ASEAN nations.

The conference discusses ways to boost economic ties and strengthen political connections and civil society interaction between those involved.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           March  17 , 2015 Subsribe Now !
• Advans SA increases holdings in local MFI Subcribe: Asean Affairs Global Magazine
• Trade deficit with China on the rise
• Trade deal hurting local auto makers
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• IP protection important for luring EU businesses to invest in ASEAN
• India trade volume with ASEAN to double by 2022
Asean Analysis                    March 6, 2015
• Asean Analysis March 6, 2015
Washington Prepares to Welcome New Indonesian President, with Some Caution
Advertise Your Brand

Asean Stock Watch  March 16,  2015
• Asean Stock Watch-March 16, 2015
The Biweekly Update
• The Biweekly Update March 6, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand