17/07/2024

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ASEAN Trade opens in Pune

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India ASEAN Trade Meet was celebrated on the 18th of August in Hotel Sheraton Grand by the Indian ASEAN Trade Council in Pune with the collaboration and support of the Ambassador of Myanmar H.E. Mr. Moe Kyaw Aung and Ambassador of Laos H.E. Mr. Bounmy Vanmany, the Honorary Counsel of Myanmar Honorable Dr. Ranganathan, Chairman Pushkaraj Enterprises Mr. Shailendra Goswami to accelerate the trade relationships between India and ASEAN nations. The event also saw the presence of the Global President of the Indian Economic Trade Organization, Dr. Asif Iqbal and various other delegates. The Trade Commissioner, Dr. Sachin Madhukar Kate was commissioned in presence of all dignitaries to promote better relations between India and ASEAN.

In a resounding testament to the enduring historical and cultural bonds between India and the Association of Southeast Asian Nations (ASEAN), both regions continue to fortify their multifaceted partnership. Bolstered by agreements such as the ASEAN-India Free Trade Agreement (AIFTA), both sides are steadfastly committed to augmenting trade and investment relations. These agreements effectively reduce trade barriers and tariffs, fostering an environment conducive to enhanced commerce and investment flows. To further expedite cross-border trade and connectivity, visionary initiatives such as the India-Myanmar-Thailand Trilateral Highway and the Kaladan Multimodal Transit Transport Project are materializing. accentuating the intent to forge an integrated economic landscape.

In a notable display of commitment to fostering robust bilateral ties, His Excellency Mr. Moe Kyaw Aung, Ambassador of Myanmar, and His Excellency Mr. Bounmy Vanmany, Ambassador of Laos, graced the India ASEAN Trade Summit virtually. The occasion also witnessed the auspicious inauguration of the India ASEAN Trade Council office in Pune. The presence of Dr. Ranganathan, Honorary Counsel of Myanmar, added prestige to the inaugural ceremony. This newly established office is poised to play a pivotal role in facilitating trade activities, providing invaluable assistance to Indian exporters and companies based in Pune and Maharashtra, as they seek to venture into ASEAN nations. Exciting prospects lie ahead, as a substantial ASEAN delegation gears up for a momentous visit to Cambodia in September, followed by Singapore in October. A multisectoral delegation from Malaysia is slated to grace Pune with its presence in November that holds the promise of invigorating interaction across various sectors.