India has announced an additional contribution USD 5,000,000 to the AsEAN-India science & technology fund in order to improve cooperation in the sectors of smart agriculture, renewable energy, and public health.
P Jagdeep Dhankhar:
This announcement was made during the three day visit of Vice President Jagdeep Dahankhar from India to Cambodia for ASEAN India and East Asia summits. Vice President Dhankhar spoke out about global concerns regarding food security and energy security . He also highlighted the importance of the East Asia Summit’s (EAS) mechanism to promote open, inclusive, and free-floating Indo-Pacific.
Information about the ASEAN-India Science & Technology Partnership:
The ASEAN-India Science & Technology Collaborative was officially established in 1996 by the establishment of the ASEAN India S&T working Group (AIWGST).
In the beginning, collaboration S&T activities between India and ASEAN was supported by the ASEAN India Fund. However, in 2008, a dedicated ASEAN India S&T Development Fund (AISTDF ) with an equal amount of USD1 million was created jointly by the Ministry of External Affairs and Department of Science and Technology (DST). This fund supports R&D projects and related project development activities.
An announcement by the Prime Minster of India at the ASEAN India Summit in Malaysia November 2015, saw the AISTDF increase to USD 5 million.
More about ASEAN
The Association of Southeast Asian Nations (ASEAN) was founded in Bangkok, Thailand on August 8, 1967 by the signing of the ASEAN Declaration (Bangkok Declaration), by the Founding Fathers of ASEAN – Indonesia, Malaysia Philippines, Singapore and Thailand.In a joint statement, India and the Association of Southeast Asian Nations (ASEAN), pledged to create a comprehensive strategic partnership that will strengthen cooperation against terrorism.
Both sides agreed to speed up the review of the ASEAN/India Trade in Goods Agreement. This will make it easier to use, simpler, and more trade-facilitative. They also worked together to forge resilient supply chains and explore cooperation through a single platform.
The ASEAN-India Science & Technology Collaborative was officially established in 1996 by the establishment of the ASEAN India S&T Working Group (AIWGST).
Both sides agreed to speed up the review of the ASEAN/India Trade in Goods Agreement. This will make it easier to use, simpler, and more trade-facilitative. They also worked together to create resilient supply chains and explore cooperation through a single platform.
