Monday 24 December 2012

Accelerating and growing strong.

ASEAN SUMMIT 2012



India's bond and understanding is day by day hiking with the Asian countries. India's Look East Policy and many other measures being started by the governments have resulted in this soaring relationship. India as well as southeast asian nations are assisting each other to obliterate the vices of each other and to raise the level of each other above with the help of proper co ordination, relations and many other ways.
Celebrating two decades of ties of India and Association of Southeast Asian Nations(Asean), both the regions are having feasible and promising future plans to intensify and accelerate the growth of the two regions in order to expedite the growth and to speed up mutual friendship.
The plans of both the regions are having a complete probability to be successful. India has recently grown up as a trade center for various things and Southeast asian region has been a vibrant and active regions in encourage and initiating various methods in order to hasten the financial growth and can do better than to keep trade limited at the current $80 billion. In the last week's summit India and the southeast asian nations dicussed on increasing the limit of the free trade agreement and expect trade of $100 billion by 2015 and $200 billion over 10 years.
Their second biggest advantage is their IT sector. India has shown tremendous growth in the IT sector and various new companies are investing in India's IT sector predicting its increment and advantages over the IT sector of other countries while on the other hand Southeast asian region is also not behind. The countries in it are also working desparately to improve and ameliorate their IT sector and to produce new companies which will help them in the long run to come ahead in this competitive world.
The second thing is investment. There are many promising companies in India as well as Southeast asian regions which are exhibiting true and wonderful improvements in their respective field and can invest in each other. The southeast asian region companies can come in India to invest while Indian companies can go there in order to enhance the business ties.
Agriculture is also a major factor. Southeast asian countries have portrayed a clear increment in their agriculture sector. Both the countries have opportunity to learn various methods of each other to help each other grow.

Both the countries can show huge improvement if they balance each others power and help them prepare each other.

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