BusinessMirror

India, Asean seek to boost ties amid Us-china rivalry

- By Ashok Sharma

NEW DELHI—A special meeting between India and Southeast Asian foreign ministers opened Thursday with cochairs India and Singapore calling for strengthen­ing ties amid Russia’s invasion of Ukraine and a heightened rivalry between the United States and China that threatens peace and stability in the region.

India’s External Affairs Minister S. Jaishankar said India and the Associatio­n of Southeast Asian Nations face geopolitic­al headwinds from the war in Ukraine and its knock-on effects on food and energy security as well as fertilizer and commoditie­s prices and logistics and supply chain disruption­s.

“India fully supports a strong, unified, prosperous Asean whose centrality in the Indo-pacific is fully recognized,” he said.

Singapore Foreign Minister Vivian Balakrishn­an said Russia’s actions have “upended the internatio­nal system of rules and norms.”

Balakrishn­an added that the rivalry between the US and China has direct implicatio­ns for all of Asia.

“These developmen­ts, if unchecked, can threaten the sole system of peace and stability which we have depended on for the basis of our growth and developmen­t and prosperity over

many decades,” he said.

The two-day meeting marks the 30th anniversar­y of India’s dialogue relations with the 10-member regional bloc that includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Philippine­s, Singapore, Thailand, Myanmar and Vietnam.

Jaishankar emphasized the need for strengthen­ing land and sea connectivi­ty with Asean member states. The upgrade of the India-myanmar-thailand highway is part of the Aseanindia

Connectivi­ty initiative.

Trade between India and the Asean region amounted to over $78 billion in 2021.

India mainly exports organic chemicals, minerals, ships and boats, iron and steel, pharmaceut­icals, cotton and tobacco to Asean countries, according to India’s Commerce Ministry. Top products imported by India from Asean include coal, palm oil, telephones, light vessels and electronic circuits.

 ?? Indian Foreign Minister s. Jaishankar’s twitter handle via ap ?? In this photo provided by Indian Foreign Minister S. Jaishankar’s Twitter handle, Jaishankar, center, stands with Southeast Asian foreign ministers at the start of a meeting in new Delhi, India, on Thursday, June 16, 2022. Jaishankar said India and the Associatio­n of Southeast Asian nations face geopolitic­al headwinds from the war in Ukraine and its knock-on effects on food and energy security as well as fertilizer and commoditie­s prices and logistics and supply chain disruption­s.
Indian Foreign Minister s. Jaishankar’s twitter handle via ap In this photo provided by Indian Foreign Minister S. Jaishankar’s Twitter handle, Jaishankar, center, stands with Southeast Asian foreign ministers at the start of a meeting in new Delhi, India, on Thursday, June 16, 2022. Jaishankar said India and the Associatio­n of Southeast Asian nations face geopolitic­al headwinds from the war in Ukraine and its knock-on effects on food and energy security as well as fertilizer and commoditie­s prices and logistics and supply chain disruption­s.

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