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⇨ The theme of the meeting is “Synergy Towards a Sustainable Digital Future”.
About ASEAN (Association of Southeast Asian Nations):
⇨ It was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of ASEAN: Indonesia, Malaysia, Philippines, Singapore, and Thailand.
⇨ ASEAN Motto: “One Vision, One Identity, One Community”.
⇨ ASEAN observed day: 8th August.
⇨ ASEAN Secretariat: Jakarta, Indonesia.
⇨ Member countries: Brunei Darussalam; Cambodia; Indonesia; Myanmar; Lao PDR; Malaysia; Philippines; Singapore; Thailand; VietNam.
⇨ East Timor applied for ASEAN membership in 2011 and recently The ASEAN decided to admit the island nation as its 11th member. official work in progress.
⇨ Timor-Leste or East Timor, is a Southeast Asian nation occupying half the island of Timor and the island of Timor is the largest of the Lesser Sunda Islands, which lie within the Malay archipelago.
The ASEAN Community Councils comprise three pillars :
⇨ (i) ASEAN Political-Security Community (APSC).
⇨ (ii) ASEAN Economic Community (AEC).
⇨ (iii) ASEAN Socio-Cultural Community (ASCC).
⇨ The Chairmanship of ASEAN shall rotate annually based on the alphabetical order of the English names of Member States.
⇨ ASEAN Chairmanship 2023 – Indonesia
⇨ The ASEAN Charter instituted the ASEAN Coordinating Council, the three ASEAN Community Councils.
⇨ ASEAN’s free trade agreement (FTA) partners viz. Australia, China, Hong Kong, India, Japan, South Korea, the USA, and New Zealand.
India's relations with ASEAN :
⇨ The "Look East Policy" in 1991 and the "Act-East Policy" in 2014 were launched by India to engage with nations of Southeast Asia.
⇨ The ASEAN-India Trade in Goods Agreement is a trade deal between the ten member states of ASEAN and India.
⇨ ASEAN and India signed the Agreement at the 7th ASEAN Economic Ministers-India Consultations in Bangkok, Thailand in 2009. The Agreement, which came into effect in 2010, is sometimes referred to as the ASEAN-India Free Trade Agreement.
⇨ AIBC(ASEAN India-Business Council) is an organization formed by the Governments of ASEAN and India with the aim to foster closer business linkages and provide an industry perspective to the broadening and deepening of economic linkages between ASEAN and India.
⇨ India and ASEAN Financial Assistance: ASEAN- India Green Funds (AIGF); ASEAN- India Cooperation Fund (AIF); ASEAN- India S&T Development Fund (AISTDF).