PM Modi to co-chair virtual India-ASEAN summit on Thursday

Huge China-backed trade pact to be signed at Southeast Asian summit

"Malaysia believes that digital transformation will help us "futureproof" the economic growth of our region".

Malaysia is highly appreciative of China's commitment to prioritise Malaysia as a recipient, and is now ready to receive successfully developed Covid-19 vaccines.

The facility is a global initiative that brings together governments and manufacturers to ensure eventual Covid-19 vaccines reach those in greatest need.

Jokowi will attend five conferences on the first day of the summit: the plenary meeting, the 23 ASEAN-China Summit, the 21 ASEAN-South Korea Summit, the 23 ASEAN-Japan Summit and the 17 ASEAN-India Summit.

PM Lee also welcomed China's contribution to the Covid-19 Asean Response Fund as well as its move to earmark US$5 million (S$6.7 million) from the Asean-China Cooperation Fund for a public health cooperation programme.

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The Palace official said that the ASEAN welcomed the designation of 2021 as the ASEAN-China Year of Sustainable Development Cooperation, where ASEAN encourages cooperation with China in areas such as poverty eradication, food security, environment protection, and climate change.

"This year, peace and security have been facing greater threat as the result of compounding risk rising from the unpredictable conduct of states, major power rivalry and frictions that challenged the worldwide multilateral system, increasingly non-traditional security issues and the rise of extremist tendency", Phuc said in front of some 200 Vietnamese officials and foreign diplomats of ASEAN's partners attending the ceremony in Hanoi. These include agreements on ASEAN cooperation on the coronavirus disease, public health emergencies, and community-building efforts.

The 15 participating RCEP countries make up almost a third of the world's people and account for 29% of global gross domestic product.

Moon will hold an online group summit with leaders of ASEAN, a regional intergovernmental organization comprised of 10 Southeast Asian nations, on Thursday to discuss Seoul's cooperation with member nations in various fields.

Negotiations involving 16 countries were launched in 2012, but India withdrew from the deal a year ago, citing concerns that the elimination of tariffs would open its markets to a flood of imports. Modi also said that the strategic partnership of India and member countries of ASEAN is based on the shared historical, geographical and cultural heritage. "Today's talks will be beneficial in reducing the distance between us", added PM Modi.

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