Page 100 - AEI Insights 2018 Vol 4 Issue 1
P. 100

Mishra, 2018



                                                                      1
               India-ASEAN Cooperation in Agriculture and Forestry
               Most of the ASEAN member countries and India have agriculture as the mainstay of their
               economy. To further widen and deepen bilateral cooperation in that area, India and member
               countries of ASEAN have institutionalised cooperation at the ministerial level called the India-
               ASEAN Ministerial Meeting in Agriculture Cooperation and Forestry. An annual ASEAN-
               India Agriculture Ministers Meeting (AIMMAF) has been formalized, and since 2011 three
               meetings have been held. The fourth ministerial meeting was held in New Delhi in January
               2017. The ASEAN-India ministerial meeting gains salience in view of the fact that both India
               and ASEAN member states are monsoon system economies; with most of them still dependent
               on agriculture and all of them vulnerable to the vagaries of climate change and price volatility
               of food supplies. Thus, the need to gain more resilience in fighting food vulnerability and
               resultant sustainable development of agriculture, food processing, agro-marine processing, and
               forestry  becomes  a  top  priority  for  policymakers  from  India  and  ASEAN  countries  alike
               (Mishra, R.  2018a). Additionally, Climate change and the vagaries of weather obligate India
               and ASEAN not only to share their best practices but also join hands for finding viable long-
               term solutions. “Both ASEAN member countries and India need to effectively address the
               challenge of putting agriculture back as the backbone of their bilateral trade as also improve
               the overall standard of their farmers. Agricultural trade is a key driver of rural prosperity and
               economic well-being, and should play a more important role in shaping the trade relations
               between  ASEAN  and  India”  (Mishra,  R.  2018a).  ASEAN  and  India  have  several  such
               platforms in other domains such as tourism, science and technology, renewable energy etc.



               ASEAN- India Business Council (AIBC)

               Realizing  that  India-ASEAN  cooperation  cannot  attain  its  full  strength  without  the
               participation of industry captains, the ASEAN India Business Council (AIBC) was set up in
               March 2003 in Kuala Lumpur, Malaysia at the ASEAN-India second Senior Economic Official
               Meeting. AIBC is essentially a CEOs group institutionalised by the Ministry of Commerce,
               Government of India. The AIBC aims to provide inject the much-needed industry perspective
               so as to widen and deepen the economic linkages between ASEAN and India. To meet the
               objective of strengthening India-ASEAN trade and commercial ties, the AIBC holds the AIBC
               Business Forum, which focusses on significant areas such as: Promoting Regional Connectivity
               - Infrastructure & Digital; Youth, Innovation & Technology; Healthcare & Pharmaceuticals;
               Women Entrepreneurs; Education & Skill development; Developing New Markets (FICCI,
               2018)



               Regional Comprehensive Partnership Agreement (RCEP)

               In order to move forward in terms of integrating with other Asian economies, India decided to
               join the Regional Comprehensive Economic Partnership (RCEP) in 2012. So far as RCEP itself
               is concerned, it was conceptualized in 2011. The formal launch of RCEP took place in Phnom


               1 This section draws from author’s earlier work, “India-ASAEAN Cooperation in Agriculture and Forestry”,
               Commentary, External Services Division, All India Radio, January 16, 2018,
               http://airworldservice.org/english/archives/category/commentary
   95   96   97   98   99   100   101   102   103   104   105