Dec 24, 2012

USA - US supports closer India-ASEAN economic cooperation

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Washington: The United States says it strongly supports a closer economic co-operation between India and ASEAN member nations.

"What I can tell you about the India-ASEAN summit is that the United States strongly supports closer economic co-operation between India and the ASEAN member states," State Department Spokesman Patrick Ventrell told reporters at a news conference.

"As we have long said, free trade and open markets are powerful tools to improve living standards and open up new economic opportunities. So we support that closer economic cooperation," Ventrell said in response to a question.

The State Department remarks came a day after the successful meeting India-ASEAN summit meeting in New Delhi, at the end of which they signed a free trade agreement in services and investment sectors.

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