Joint Media Statement of the Nineteenth AEM-India Consultation

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Joint Media Statement of the Nineteenth AEM-India Consultation

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  1. ASEAN Member States (AMS) and India met on 16 September 2022 for the 19th AEM – India Consultation. The Consultation was co-chaired by H.E. Pan Sorasak, Minister of Commerce, Kingdom of Cambodia and H.E. Anupriya Patel, Minister of State for Commerce and Industry, India.
  1. The Meeting noted that trade and economic relations between ASEAN and India are starting to recover from the impact of the COVID-19 pandemic. Based on preliminary ASEAN data for 2021, two-way trade between ASEAN and India reached USD 91.5 billion, increasing by 39.2 per cent year-on-year. According to ASEAN data for 2021, total foreign direct investment (FDI) inflows from India increased from USD 0.2 billion in 2020 to USD 2 billion in 2021.

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