ASEAN-India business summit to open in New Delhi hinh anh 1Indian Prime Minister Narendra Modi at the 31st ASEAN Summit in Manila, the Phippines (Photo: AP)

New Delhi (VNA) – The largest ever ASEAN-India business and investment summit will be held in New Delhi capital city of India in January 2018, announced Indian Prime Minister Narendra Modi.

He revealed the information during the ASEAN Business and Investment Summit on November 13 in Manila, the Philippines, underlying the importance of building connectivity with the ASEAN region to strengthen its economic ties with India.

A conference to discuss increasing connectivity between both sides is also set to take place next month in New Delhi, the Indian PM added.

According to Modi, India’s Look East Policy puts ASEAN at the centre of the country’s engagement. Therefore, connectivity with ASEAN by land and sea remains India’s priority.

India is seeking to extend the ongoing trilateral highway project, which involves Myanmar and Thailand, to three other countries.

In addition, a maritime transport agreement between ASEAN and India is in progress, Modi said.-VNA