Text of the Opening Statement by the PM Modi at the ASEAN-India Summit
Your Excellency Prime Minister Dato Sri Mohammad Najib bin Tun Abdul Razak,
Mr. Prime Minister, thank you for hosting this Summit. I convey our deepest appreciation for the excellent arrangements and hospitality; and, for your leadership of ASEAN and East Asia Summit.
Rising from a double tragedy, Malaysia has demonstrated its resilience and resolve.
Kuala Lumpur is a symbol of Asian resurgence and of the regionâ€™s promising future.
Congratulations on a historic milestone â€“ the birth of the ASEAN Community.
As always, ASEAN is providing both inspiration and leadership for regional cooperation and integration. And, from Indiaâ€™s perspective, ASEAN values and leadership will remain central to integration across Asia and Pacific.
Excellencies, I am delighted to return for my second ASEAN-India Summit. At the last Summit at Nay Pyi Taw, I saw the strength of our relationship and the potential of our partnership; and, even more important, the commitment and confidence that you showed for the India-ASEAN Strategic Partnership.
We meet at a time of multiple global challenges: economic uncertainties, political turmoil and security threats.
In this difficult moment, India and ASEAN are two bright spots of optimism.
India is today the fastest growing major economy in the world. The growth rate is touching 7.5 %, and is likely to go higher. Our inflation is down as also our fiscal and external deficits. And, business and international confidence has increased sharply.