Business Standard

Philippine­s visit will deepen India’s ties with ASEAN: Modi

- PRESS TRUST OF INDIA

Prime Minister Narendra Modi on Saturday said that his visit to the Philippine­s starting tomorrow to attend the India-ASEAN Summit symbolises the country’s commitment to deepening ties with the ASEAN member states and the Indo-Pacific region as part of the “Act East Policy”.

PM Modi also asserted that he was confident that his visit to Manila will give a new boost to India’s bilateral relations with the Philippine­s, and also further strengthen the politico-security, economic and socio-cultural pillars of India’s engagement with ASEAN.

In his departure statement ahead of the three-day trip, Modi also gave a broad outline of the events he will attend during his first bilateral visit to the Philippine­s.

Apart from participat­ing in the ASEAN-India and East Asia Summits, Modi would also take part in Special Celebratio­ns of the 50th anniversar­y of ASEAN, Regional Comprehens­ive Economic Partnershi­p (RCEP) Leaders’ Meeting and ASEAN Business and Investment Summit.

“My participat­ion in them symbolises India’s commitment to continue deepening relationsh­ip with ASEAN Member States, in particular, and with the Indo-Pacific region, in general, within the framework of my Government’s Act East Policy,” the prime minister said.

The ASEAN Business and Investment Summit will boost the close cooperatio­n to enhance trade ties with ASEAN member- states, which constitute­s a significan­t 10.85 per cent of our overall trade, he said.

Modi said he looks forward to having a bilateral meeting with Philippine­s president Rodrigo Duterte and will also have interactio­ns with other ASEAN and East Asia Summit Leaders.

He said he was also looking towards connecting with the Indian community in the Philippine­s.

Modi, in a Facebook post said, he will also visit the Internatio­nal Rice Research Institute (IRRI) and Mahavir Philippine­s Foundation Inc. (MPFI).

IRRI, through scientific research and developmen­t, has developed better quality of rice seed and helped the global community in addressing food scarcity issues, the prime minister said.

“A large number of Indian scientists are working in IRRI and contributi­ng to R&D in this field. My cabinet approved on July 12, 2017, a proposal for IRRI to set up its South Asia Regional Centre at Varanasi. This will be the first Research Centre by IRRI outside its headquarte­rs in the Philippine­s,” Modi said.

The Varanasi Centre would help increase farmers’ income by enhancing and supporting rice productivi­ty, reducing cost of production, value addition, diversific­ation and enhancemen­t of farmers’ skills, he added.

Modi said his visit to MPFI will demonstrat­e India’s support for its activities in distributi­ng free prosthesis “Jaipur Foot” among the amputees.

Since its establishm­ent in 1989, MPFI has fitted nearly 15,000 amputees in the Philippine­s with ‘Jaipur Foot’, making them capable of living a new life, he said, adding that India is making a modest contributi­on to the foundation to support its noble humanitari­an activities.

The 10-member grouping ASEAN and India comprise a total population of 1.85 billion people which is one-fourth of the global population. The combined GDP has been estimated at over 3.8 trillion dollars.

Trade between India and ASEAN stood at USD 65.04 billion in 2015-16 and comprises 10.12 per cent of India’s total trade with the world.

The ASEAN grouping comprises Indonesia, Malaysia, the Philippine­s, Singapore, Thailand, Brunei, Cambodia, Laos, Myanmar and Vietnam.

Apart from the 10 ASEAN Member states, East Asia Summit includes India, China, Japan, Republic of Korea, Australia, New Zealand, the United States and Russia.

 ??  ?? This will be Prime Minister Narendra Modi’s first bilateral visit to the Philippine­s
This will be Prime Minister Narendra Modi’s first bilateral visit to the Philippine­s

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