The ASEAN Economic Ministers (AEM) and the Minister of Commerce and Industry of the Republic of India met at the 10th AEM-India Consultations today in Siem Reap, Cambodia. The Ministers were pleased to note that total trade between ASEAN and India grew by 43.0% in 2011 amounting to US$74.9 billion. India stepped up a notch to be ASEAN’s sixth largest trading partner in 2011. “We also discuss the progress on agreement on trade in services and investment, which turns out to be a very fruitful discussion. We would like to get on with the negotiations so we can go into the regional architecture, which is expected to be launched at the end of this year,” said Dr Surin Pitsuwan, Secretary-General of ASEAN.
To see the full Joint Media Statement, please click here.
To see the pictures from the 44th ASEAN Economic Ministers (AEM) Meeting and Related Meetings, please click here.