At a time when New Delhi is beginning to not just ‘Look East’ but also ‘Act East’, and when parallel integrative processes are underway globally, including the ASEAN-led process, the incipient China-led process and the U.S.-led TTP, India and ASEAN could together produce a brilliant new era of Asian integration
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The seven decade-reign of King Bhumibol Adulyadej of Thailand, who passed away last month, was rich with event. There were coups, but economic development too, with the skilful leader managing to hold the nation together
In two years, the Modi government’s Act East Policy has gone well beyond the focus on economic ties of its predecessor, the Look East Policy. It has made progress on many wider fronts, including connectivity and defence collaboration. India must now build on this success and further consolidate relations and trade links with ASEAN and beyond
The U.S.-driven Trans Pacific Partnership agreement between 12 countries, which is aiming to become the new standard of world trade, impacts domestic systems globally. For India, it will skew investment and intellectual property rights, and especially the debate over the Investor State Dispute System which allows companies to challenge sovereign rights and public policy.
As it celebrates its 240th birthday, the U.S. Navy would do well to keep the Indian Ocean in mind.
With the upcoming Singapore elections, the Malaysian corruption scandals and the Thai Junta's lack of an exit from the political structure, Southeast Asian democracy is having its mettle tested.
The delay in the integration of freer skilled labor mobility in AEC only reaffirms the understanding that the establishment of an economic community is a gradual process. Necessary regional policies, strategies, and concrete actions must be undertaken by ASEAN to resolve current challenges in managing the freer movement of skilled labor.
Simplifying rules of origin could offer some gains to ASEAN economies by creating jobs across multiple industries.
The Trans-Pacific Partnership might soon be concluded if the U.S. Congress fast-tracks it, as recently announced, while the Regional Comprehensive Economic Partnership Agreement remains on slow-track. But the TPP, although ambitious, follows an outdated template, and it is the dynamic RCEP that can be a model for a new global rules-based framework
Prime Minister Narendra Modi's speech at the 12th India-Asean Summit in Nay Pyi Taw, Myanmar