ASEAN-India Should Be One of World’s Economic Generators: President Jokowi

By Office of Assistant to Deputy Cabinet Secretary for State Documents & Translation
Date 14 November 2017
Category: News
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President Jokowi joins a photo session with ASEAN Leaders and Indian PM at the Philippines International Convention Center (PICC), Manila, Wednesday (14/11).

President Jokowi joins a photo session with ASEAN Leaders and Indian PM at the Philippines International Convention Center (PICC), Manila, Wednesday (14/11)

The Association of Southeast Asian Nations (ASEAN) and India have huge potentials, namely a joint market reaching 2 billion people and a total GPD of USD4.5 billion. Therefore, ASEAN-India should become one of the world’s economic generators.

The statement was made by President Joko “Jokowi” Widodo during the 15th ASEAN-India Summit, which was also attended by Indian Prime Minister Narendra Modi.

The meeting was held at the Philippines International Convention Center (PICC) in Manila, the Philippines, Wednesday (14/11).

“However, trade of balance and investment (between India and ASEAN) are still from being optimal,” the President said.

On that occasion, President Jokowi also expressed Indonesia’s appreciation for the progress of ASEAN-India partnership cooperation for 25 years. The President added that this year’s Summit serves as a momentum to push for strengthening of cooperation before the peak of ASEAN-India Commemorative Summit next year.

“I would like to emphasize that optimizing economic cooperation between ASEAN and India is our common priority,” the President said, adding that optimizing economic cooperation can be done through various measures including through the acceleration of the Regional Comprehensive Economic Partnership (RCEP).

“The success of RCEP sends a strong message that economic integration can bring about benefits for all,” the President said.

President Jokowi further said that as of now the world is still facing uncertainties.

“Therefore, ASEAN and India need to strengthen cooperation on the strengthening of regional security architecture and maritime cooperation, including through the IORA in the Indian Ocean, as well as the finalization of the ASEAN-India Maritime Transport Agreement,” the President said. (SM/ES/EN) (EP/YM/Naster) 

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