ASEAN, India should focus on trade, FDIs further for stronger ties: Singapore PM Lee

ASEAN, India should focus on trade, FDIs further for stronger ties: Singapore PM Lee

Ibtimes·2018-01-27 15:30

Prime Minister Lee Hsien Loong Reuters

As the ASEAN-India Commemorative Summit kicks off in New Delhi on Thursday, Singapore Prime Minister Lee Hsien Loong called on the two sides to further strengthen ties by enhancing trade, investments and connectivity.

"Asean and India should redouble efforts to promote trade and investment. We need to keep existing pathways up to date and relevant, including the AIFTA," Lee said in an op-ed article on The Straits Times.

Lee suggested the two sides should work together to conclude a high-quality Regional Comprehensive Economic Partnership (RCEP), surpassing the existing AIFTA. This would create an integrated Asian market comprising nearly half the world's population and a third of the world's GDP.

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