Prospects of India’s Trade Relations with the ASEAN Countries: An Analysis
Vol. 3 , Issue 2 (2025) · pp. 212-216
Abstract
The paper focuses on the regional cooperation through trade, infrastructure development, and strategic partnerships, India can ensure a peaceful and prosperous South India and ASEAN share deep civilization links through Buddhism, maritime trade routes, and cultural exchange. Asia. : India's exports to ASEAN countries grew at an average annual rate of 1.7% to $39 billion by 2024-25. India's trade deficit with ASEAN has increased over the years. The Paper explores the India-ASEAN relations aim to facilitate economic, cultural, and social development and maintain peace and security among the nations. India and the ASEAN have a wide range of areas of cooperation as ASEAN is one of the important pillars of India's Act East Policy.