Press Esc to close
Friday 31 July 2015
News updated at 2:42 AM IST
Weather
Max: 19°C
Min : 32°C
In Bengaluru
Rain lightly

Best yet to come in India-Asean ties: PM

Phnom Penh (Cambodia), Nov 20, 2012 (IANS)

Prime Minister Manmohan Singh Tuesday said that "the best is yet to come" in India's relations with the 10-member Asean.

In his talks with Sultan Hassanal Bolkiah of Brunei, which is to take over as chair of the Asean for 2013, Manmohan Singh said that India is keen to further its relations with the Asean, and in this context there was discussion on the India-Asean Free Trade Agreement (FTA).

Sultan Bolkiah said he shared India's aspiration for an early conclusion of the FTA, said official sources briefing newspersons after the meeting.

India and the Asean are in the final stages of concluding an FTA on services and investments. The two sides, which have around $80 billion bilateral trade, have an FTA on goods in place.

The Brunei Sultan outlined agriculture, information technology, energy, disaster management and human resources development as priority areas for Brunei, in which they wanted to develop partnership with India, said an official source.

India's oil imports from Brunei are worth around $1.2 billion. The two sides also discussed possibilities of expanding cooperation in this area, including liquefied natural gas (LNG), the official said.

The prime minister also thanked the Sultan of Brunei for confirming his participation in the Asean-India commemorative summit in New Delhi Dec 20-21, which marks 20 years of the country's ties with the bloc and the 10th anniversary of Asean-India Summit-level partnership.


Go to Top

Photo Gallery
A municipal worker fumigates submerged huts situated in the flooded banks of river Sabarmati in ...

A municipal worker fumigates submerged huts situated in the flooded banks of river Sabarmati in ...

A huge whale was found dead on the shores of the beach near Sister Fatima Church at Tannerbhavi ...

A huge whale was found dead on the shores of the beach near Sister Fatima Church at Tannerbhavi ...

School children and their teachers pay tribute to former President APJ Abdul Kalam in Moradabad ...

School children and their teachers pay tribute to former President APJ Abdul Kalam in Moradabad ...

The winning team of the UBA India Pro Basketball League 2015, Chennai Slam with the trophy after ...

The winning team of the UBA India Pro Basketball League 2015, Chennai Slam with the trophy after ...

An Indian boy dressed as Hindu god Shiva to attract alms from devotees chats with tourists as ...

An Indian boy dressed as Hindu god Shiva to attract alms from devotees chats with tourists as ...

People offer flower petals on the grave of former President A.P.J. Abdul Kalam during his funeral ..

People offer flower petals on the grave of former President A.P.J. Abdul Kalam during his funeral ..

1993 Mumbai blast convict Yakub Memon's brothers Suleiman and Usman sitting inside the car

1993 Mumbai blast convict Yakub Memon's brothers Suleiman and Usman sitting inside the car

People worship a bull during Bendur festival in Sangli on Wednesday...

People worship a bull during Bendur festival in Sangli on Wednesday...

Fire brigade and NDRF personnel rescue a person stuck in the three floor Matru-Chhaya...

Fire brigade and NDRF personnel rescue a person stuck in the three floor Matru-Chhaya...

Students of Patna Women's College wear tiger masks to create awareness to save tigers...

Students of Patna Women's College wear tiger masks to create awareness to save tigers...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523