5th ASEAN-India Business Summit is held on 6 March 2023 in Kuala Lumpur

Current Affairs

  • The 5th ASEAN-India Business Summit is held on 6 March 2023 in Kuala Lumpur. Speakers from ASEAN and India discussed how trade ties, connectivity and supply chain resilience can be enhanced.
  • Addressing the ASEAN-India Business Summit 2023, Shri Rajeev Chandrasekhar said, “Digital technologies have been key drivers of economic development in the ASEAN region, especially in sectors such as e-commerce, online media and financial services. Indian IT companies have played an integral part in the digital transformation journey of Malaysia and other ASEAN countries.” 
  • Reflecting on the scope for further cooperation between India and the regional bloc, the Minister said, “after the recent announcement of the real time payments linkage system between India and Singapore, India is working with Malaysia and other ASEAN countries to operationalize it for more countries in the region.”
  • Shri Rajeev Chandrasekhar was speaking virtually at the Summit, themed “Strengthening and Moving Forward ASEAN-India Economic Relations for a Strategic Business Partnership”. 

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