India Participates in 14th East Asia Summit Economic Ministers’ Meeting and 23rd ASEAN-India Economic Ministers Consultation
The Indian delegation led by Additional Secretary Shri Nitin Kumar Yadav participated in the 14th East Asia Summit Economic Ministers' Meeting and the 23rd ASEAN-India Economic Ministers Consultation in Manila, Philippines. Discussions focused on regional and global economic developments, energy security, and the ongoing review of the ASEAN-India Trade in Goods Agreement (AITIGA). Bilateral trade between India and ASEAN reached USD 128.38 billion in 2025-26, accounting for 10.55 per cent of India's total global trade.
Why It Matters
Important for competitive exams regarding India's international trade relations, economic diplomacy, and multilateral forums like ASEAN and the East Asia Summit.
In Simple Words
The Indian delegation, led by Additional Secretary Shri Nitin Kumar Yadav, attended the 14th East Asia Summit Economic Ministers' Meeting and the 23rd ASEAN-India Economic Ministers Consultation in Manila, Philippines. Ministers from 11 ASEAN countries and EAS partners exchanged views on regional economic developments, energy security, and industrial clusters.
During the consultations, India emphasized its commitment to mutually beneficial trade and the ongoing review of the ASEAN-India Trade in Goods Agreement (AITIGA). In 2025-26, bilateral trade between India and ASEAN hit USD 128.38 billion. The delegation also interacted with Indian businesses and participated in the ASEAN-India Business Forum 2026.
Key Points
- The Indian delegation was led by Additional Secretary Shri Nitin Kumar Yadav.
- Meetings were held in Manila, Philippines.
- India participated in the 14th EAS Economic Ministers' Meeting and 23rd ASEAN-India Economic Ministers Consultation.
- Participants included 11 ASEAN countries and EAS partner nations.
- ERIA presented a paper on energy security and industrial clusters.
- Bilateral trade between India and ASEAN reached USD 128.38 billion in 2025-26.
- ASEAN accounted for 10.55 per cent of India's total global trade in 2025-26.
- The Indian delegation participated in the ASEAN-India Business Forum 2026 on 23 September 2026.
Exam Angle
A. USD 128.38 billion
Source: Press Information Bureau