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of <h1>India Gains Support for Economic Cooperation at ASEM Meeting; TFA References Excluded, IMF Quota Reforms Criticized.</h1> India successfully advocated for its perspective on economic cooperation, including the Trade Facilitation Agreement (TFA) at the Eleventh Meeting of Finance Ministers of Asia Europe (ASEM) in Milan. Led by the Finance Secretary, the Indian delegation secured support from countries like Pakistan, Bangladesh, and Russia, leading to the exclusion of references to TFA non-implementation and the inclusion of all Bali decisions in the ASEM Communique. Additionally, the Communique addressed the need for BRICS references and expressed disappointment over the slow progress of IMF quota reforms, emphasizing enhanced cooperation for sustainable growth between Asia and Europe.
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