Prime Minister Narendra Modi reiterating India’s vision of a peaceful, open and inclusive Indo Pacific region at the 13th East Asia Summit in Singapore. Prime Minister called for strengthening of maritime cooperation and a commitment to a balanced RCEP.
East Asia Summit has been formed to further the objectives of regional peace, security and prosperity. India, Russia, USA, Japan, Australia, China and Republic of Korea are among the 18 members. As a result, the forum plays an important role in the regional architecture.
The 13th summit had a special focus on cooperation in Cyber security and smart cities.
The Leaders pledged to Promote an open, secure, stable, accessible, and peaceful ICT environment while upholding States’ sovereignty and protecting human rights.
East Asia Member countries agreed to promote sustainable economic growth and prosperity and address the digital divide and development gap, by supporting digital economy initiatives
Addressing the Singapore Fintech Festival on Wednesday, Prime Minister Narendra Modi had spoken of the challenges in the field that could be overcome only by concerted co-operation.
“The emerging world of finance will succeed in our inter-connected world when our data and systems are trusted and secure. Finally, we must invest in creating skills for the future. And, be prepared to back ideas and invest for the long term,” Prime Minister said.
This thought found a relection in the outcome of the East Asia Summit.
The Leaders statement laid emphasis on investment and innovation, entrepreneurship, assisting Micro, Small and Medium Enterprises (MSMEs) to utilise ICTs and participate in the digital economy and building synergies to complement the ASEAN Smart Cities Network Initiative
The last day of Prime Minister Modi’s visit began with an informal India- ASEAN breakfast meeting. Prime Minister Modi said that it is necessary that India and ASEAN move forward to cement old bonds and move towards a glorious future. Prime Minister reiterated that ties of India with ASEAN countries are growing strong and are contributing to a peaceful and prosperous planet.
Prime Minister Narendra Modi also met & felicitated the winning teams of India Singapore Hackathon and NCC cadets in Singapore. The Hackathon was agreed to during in June when PM Modi visited Singapore. NTU in Singapore & AICTE in India conducted the hackathon that included solving 8 problem statements