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of <h1>India Joins ASEAN Economic Ministers in Indonesia, Discusses Trade Relations, Non-Tariff Barriers, and Future Agreement Enhancements.</h1> India participated in the 20th ASEAN-India Economic Ministers' Meeting in Semarang, Indonesia, represented by an Additional Secretary from the Ministry of Commerce. The meeting, co-chaired with Indonesia's Trade Minister, included representatives from all 10 ASEAN countries and Timor-Leste as an observer. The ministers reviewed trade relations, noting a bilateral trade of USD 131.5 billion in 2022-23, and discussed strengthening the economic partnership post-pandemic. They addressed non-tariff barriers and global challenges like COVID-19, climate change, and geopolitical tensions. A key agenda was reviewing the ASEAN-India Trade in Goods Agreement, with negotiations set to conclude in 2025, aiming to enhance and diversify trade.
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