Ad Here  
June
July
August
September
October
November
 
 
A challenge and an opportunity for OPS Drive ahead, the road is well-laid... Physician, cure thyself… Corruption institutionalised; technique perfected Fear of bankruptcy, liquidation Welcome aboard President Kovind An unhealthy adversarial relationship The Chinese model for rail development Little for development ‘High speed’ diplomacy... TN budget - little leeway for capex Kanoon, Kovind and Kumble Rahul coronated Mr. PM, bite the bullet... Has PC missed out on BIG BANG REFORMS? More lustre to leather: 70 years of CLRI Open letter to citizens Reserve and perish Flying High? 10-point programme Repeat 1991– work on a growth budget... BHEL – R&D and image building require more attention Imperative to take states along… DMK does it again A 5-6 per cent growth is given… Trail-blazing Tamil Nadu Light at the end of the tunnel – Cauvery Management Board to be set up Jaya Ho Scientists, please raise your voice for GM crops Gujarat model for port development LOT CAN BE DONE THROUGH THE PPP MODE... Take the next leap forward... BJP, shift to south Cleansing a corrupt system… Fast - track railways to prosperity... Welcome euphoria over the east Physician, cure thyself Need for more Narendra Modi turns “THREE” Of judiciary and GM Welcome continuation of the reforms thrust Rajini can’t or can? IE completes 47 years... AAP - change from street fighting to administration Between the bang and the whimper… A WATERSHED YEAR BJP’s one man army... State Elections: Mid-summer marathon BJP - the unifying force (of opposition parties) ! Call for INNOVATION, for R&D Go for a One Power India Entering the 50th year… Where’s the big idea? The four DISRUPTIONS of the month
 
Welcome euphoria over the east

Prime Minister Narendra Modi presented ten leaders of ASEAN as guests at the 69th Republic Day celebrations. The Modi government has been taking continuous efforts at extending New Delhi’s hand of cooperation to valuable eastern neighbours. This can be clearly inferred from both the photo-op at the conclusion of the historic ASEAN-India summit in New Delhi on 25 January and the visuals from the tastefully decorated platform for the guests to witness the two-hour long Republic Day parade. 

Modi has been winning new friends in Latin America, Africa, the Gulf countries, Southeast Asia, Japan and Australia.

The ASEAN countries have been flou-rishing in social and economic parameters. Their record with their compact populations, linguistic cohesion and enterprise, fortified by strong, autocratic leadership of Lee Kuan Yew, Mahatir Mohammed and Suharto, was often touted as the ASEAN model of development. Their proximity to India, centuries of commerce and trade links with this country and sizeable population of people of Indian origin, were favourable factors for forging  closer relationships. ASEAN with a population of 644.5 mn and GDP of $ 2.72 tn is of growing importance for trade and commerce. Two-way trade between ASEAN and India amounted to $72 bn, with $ 27.59 bn of exports and $ 38.44 bn of imports plus invisibles. 

Modi, with his flair for forging friendships, has been attempting to improve relations with global leaders. India has vastly improved relations with the south Asian countries except Pakistan. The ASEAN-India summit is seen by some observers as a continuation of the initiative for the four-nation Quadrilateral Security Dialogue (QSD) with Japan, Australia, US and India aimed at ensuring peace in the Asia Pacific region, with special focus on navigational rights in the vital sea lanes. 

 

‘Woman’-power to the fore...

The display of India’s prowess in defence at the Republic Day parade, could also symbolically signal the prospects for export of defence equipment appropriate to the needs of the countries of the region.  It was the first Republic Day organised by Nirmala Sitharaman as Defence Minister. In a short time, she has exhibited new initiatives to streamline the ministry’s work. The parade also showcased women power. Among the displays was the breath-taking Seema Bhawani.

Prime Minister Modi presented US President Barack Obama, French President François Hollande and Crown Prince Mohammed bin Zayed Al Nahyan as chief guests in the previous three republic day celebrations. He had leaders of the ASEAN this time around. The logical extension of this appears to be leaders from the African countries as special guests for the 70th Republic Day celebrations in 2019. 


Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com