"We are confident that the ASEAN way of partnership and mutual aid will help us overcome the COVID-19 pandemic and move forward with our community-building endeavors," Duterte said in a brief statement on ASEAN's 53rd founding anniversary. … [Read more...] about Philippine president expresses optimism ASEAN can overcome COVID-19 pandemic
Thailand
Most of Indo-US trade disputes resolvable in near term: Jaishankar
On the other hand the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, and cut on import duties on some ICT products. The US has also raised concerns over high trade deficit with India. In 2018-19, India's exports to the US stood at USD 52.4 billion, while imports were USD 35.5 billion. Trade deficit dipped from USD 21.3 billion in 2017-18 to USD 16.9 billion in 2018-19. India received FDI worth USD 3.13 billion from the US in 2018-19, higher than USD 2 billion in 2017-18. Jaishankar said some of the backbones of the bilateral ties are the knowledge economy, which is growing deeper, and the diaspora connect, which has become stronger both in terms of number and quality. Asserting that Modi 2.0 would continue with its neighbourhood first policy, he said Bangladesh has emerged as the role model of that under which India has moved forward aggressively in helping its neighbours in their economic development, in particular … [Read more...] about Most of Indo-US trade disputes resolvable in near term: Jaishankar
