Indian Prime Minister Narendra Modi called for an early review of the trade agreement between India and the Association of Southeast Asian Nations (ASEAN), arguing that an updated pact could unlock the partnership’s full economic potential, The Hindu Businessline reports.
Background: The 15-year-old trade pact is under joint review, with Malaysian Prime Minister Anwar Ibrahim stating that ASEAN aims to conclude negotiations this year. Modi reiterated ASEAN’s “centrality” in India’s Indo-Pacific strategy, calling for unity amid geopolitical uncertainty. Both sides will continue advancing cooperation in green energy, health, and digital inclusion under the 2026-2030 Plan of Action, the business daily added.
India + US
Indian Foreign Minister S. Jaishankar met with US Secretary of State Marco Rubio in Malaysia, where they discussed bilateral relations, trade, and regional developments on the sidelines of the ASEAN Summit, Business Standard reports. The meeting comes as India and the US work to conclude a bilateral trade pact, with officials confirming that five rounds of talks have been completed and the agreement is “very near” conclusion.