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India marks big shift in trade policy

  1. What? India has outlined higher level of commitment to liberalize investment and services for the members of RCEP
  2. This marks a significant shift in its trade policy & could become a template for future bilateral treaties
  3. India has accepted ratchet and most-favoured nation-forward (MFN-forward) clauses
  4. But India will, in turn, impose conditions on RCEP members for accepting these clauses
  5. However, India has not made any commitments on multi-brand retail nor in according national treatment before investors set up shop in the country

ASEAN Plus Multinational Field Training Exercise ‘Ex Force 18’

  1. News: Multinational Field Training Exercise (FTX) – Exercise FORCE 18, involving ASEAN Plus countries commenced at Pune
  2. Context: This is the largest Ground Forces Exercise ever conducted on Indian soil and would be conducted from 02 to 08 March 2016
  3. Theme: ‘Humanitarian Mine Action’ and ‘Peacekeeping Operations’
  4. First phase: 28 foreign trainers were trained by Indian Army, these trainers will form the training backbone for the conduct of ‘Exercise FORCE 18’
  5. Foreign participants witnessed martial skills performed by the Indian Army, including Drill by soldiers from the Mechanised Infantry Regimental Centre
PIB

Learn about ASEAN Regional Forum?

  1. Background: Twenty-Sixth ASEAN Ministerial Meeting and Post Ministerial Conference, which were held in Singapore in 1993, agreed to establish the ASEAN Regional Forum
  2. Objectives: To foster constructive dialogue and consultation on political and security issues of common interest and concern
  3. To make significant contributions to efforts towards confidence-building and preventive diplomacy in the Asia-Pacific region

ASEAN to ease travel, mobility of labour

The leaders endorsed “ASEAN 2025: Forging Ahead Together,” which charts the path for community building over the next 10 years.

  1. The Association of Southeast Asian Nations (ASEAN) was proclaimed a community through a declaration signed by the ASEAN leaders at its 27th Summit.
  2. The focus of ASEAN 2025 will be on strengthening the community on political, economic and socio-cultural fronts.
  3. While the Political-Security Community aims at maintaining the association’s centrality in regional mechanisms.
  4. The Socio-Cultural Community will focus on promoting a high quality life and equitable access to opportunities for all.
  5. The ASEAN Economic Community will focus on business-friendly, trade-facilitative and market-driven economy to inspire investor confidence.

Why East Asia Summit (EAS)?

Established in 2005, EAS allows the principal players in the Asia-Pacific region to discuss issues of common interest.

  1. East Asia Summit is a unique Leaders-led forum of 18 countries of the Asia-Pacific region.
  2. Formed with objectives of regional peace, security and prosperity.
  3. EAS is an initiative of ASEAN and is based on the premise of the centrality of ASEAN.
  4. The membership of EAS consists of ten ASEAN Member States and Australia, China, India, Japan, New Zealand, Republic of Korea, Russian Federation and the USA.

Give no shelter to terrorists: PM Modi

  1. Prime Minister says the world is coming together to use “force” to fight the menace.
  2. PM Narendra Modi suggested a multi-pronged approach for combating international terrorism.
  3. Making an intervention at the East Asia Summit (EAS).
  4. He emphasised the need for building a new global resolve and new strategies for combating terrorism, without balancing them against political considerations.
  5. He said, terror was the biggest problem faced by the world today and stressed the need for delinking religion from terror.

Let’s dive into ASEAN ?

  1. ASEAN was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration).
  2. By the Founding Fathers of ASEAN, namely Indonesia, Malaysia, Philippines, Singapore and Thailand.
  3. Aims at accelerating economic growth, social progress, and sociocultural evolution among its members, protection of regional peace and stability.
  4. India is the sixth largest trade partner for ASEAN.
  5. Negotiations on a Regional Comprehensive Economic Partnership (RCEP) Agreement expected to be concluded in 2016.

ASEAN-India Summit: Terrorism, trade, sea dispute to be top agenda

ASEAN (Association of Southeast Asian Nations) is India’s fourth largest trading partner.

  1. Terrorism, trade and South China Sea dispute are expected to dominate discussions at the 13th ASEAN-India Summit
  2. The 10 member grouping will review the new Plan of Action (2016-2020).
  3. To further enhance ASEAN-India cooperation along politico- security, economic and socio-cultural pillars.
  4. India and ASEAN have 30 dialogue mechanisms including a Summit and 7 Ministerial meetings with various ministries.
  5. Trade between India and ASEAN stood at USD 76.52 billion in 2014-15.


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