Ø The Prime Minister Narendra Modi has said the trade between India
and the Association of Southeast Asia Nations (Asean) should increase to $100
billion by 2020 and to $200 billion by 2025. During 2014-15, after a temporary
decline, the trade stood at $76.5 billion. Mr. Modi pointed out that much of
the potential for economic partnership remained untapped and expressed the
confidence that trade and investment would expand. He said India would soon
extend electronic visa facility to all 10 Asean members. The Prime Minister
also intends to set up an Asean-India innovation platform to facilitate
commercialisation of low-cost technologies, technology transfer and
collaborative research and development projects. Laying special emphasis on
India’s partnership with Cambodia, Laos, Myanmar and Vietnam, he said India
would create a project development fund to create manufacturing hubs in the
four countries. As for climate change, Mr. Modi proposed an international solar
alliance of 122 solar-rich countries, which he and French President Francois
Hollande would launch at the Paris convention on November 30. The proposals
made by Mr. Modi included the opening of an Asean studies centre at the Northeastern
Hill University in Shillong and establishment of 100 slots for training in
renewable energy in Asean institutions.
Ø Even as Prime Minister Narendra Modi spoke of better connectivity
between India and the Southeast Asian region at the ASEAN summit at Kuala
Lumpur,India’s easternmost strategic airfield at Teju has been revived with a
new runway. The runway can now host heavy lift aircraft as well as long range
bombers which can cross the Greater Himalayan range within minutes. Teju is
part of the six strategic airfields that were planned for Arunachal Pradesh.
But the Teju airfield which will increaseair connectivity with the region is
unique as it is the easternmost landing strip in the country. However, local
sources have told The Hindu that a major strategic airfield is barely months
from completion at Walong too. Once ready, the Walong landing strip along side
the Teju airfield will multiply India’s strategic reach into East and Southeast
Asia.
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