India Attends 14th EAS Economic Ministers’ Meeting, 23rd ASEAN-India Consultation
in the 14th East Asia Summit (EAS) Economic Ministers’ Meeting and the 23rd ASEAN-India Economic Ministers’ Consultation, held in Manila, Philippines. Representatives from all 11 ASEAN countries and EAS partners, including India, attend to exchange perspectives on prevailing regional and global economic developments.
14th EAS Meeting and 23rd ASEAN-India Consultation:
| Dimension | Key Details |
|---|---|
| ASEAN participants | Representatives participate from 11 ASEAN countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Timor-Leste, and Vietnam. |
| EAS partners attending | EAS partners participating include India, Australia, China, Japan, New Zealand, Korea, Russia, and the United States. |
| Objective | The meetings provide for an exchange of perspectives on prevailing regional and global economic developments. |
| India-ASEAN bilateral trade | India-ASEAN bilateral trade comprises US$128.38 billion in 2025-26. |
| ASEAN share in India’s global trade | ASEAN accounts for 10.55% of India’s total global trade. |
| ASEAN Secretariat briefing | The ASEAN Secretariat provides a briefing on the regional and global economic outlook for 2027, including anticipated implications for trade and investment flows. |
| ERIA paper | The Economic Research Institute for ASEAN and East Asia (ERIA) presents a paper titled “Powering the EAS Region’s Next Wave of Growth: An Integrated Approach to Energy Security and Industrial Clusters.” |
| ERIA paper focus areas | The paper focuses on integrated energy, digital/industrial demand, infrastructure, and trade-investment policies. |
| India’s trade partnership position | India reaffirms commitment to strong and mutually beneficial regional trade partnerships. |
| AITIGA review focus | The AITIGA Review focuses on improving trade flows and addressing trade asymmetries. |
| AITIGA review objective | The AITIGA Review provides for making AITIGA balanced, effective, user-friendly, and trade-facilitative for businesses. |