Friends,
Coming back to our region, India’s growing engagement is accompanied by deeper economic and defence cooperation. We have more trade agreements in this part of the world than in any other. We have Comprehensive Economic Partnership Agreements with Singapore, Japan and South Korea.
We have Free Trade Agreements with ASEAN and Thailand. And, we are now actively participating in concluding the Regional Comprehensive Economic Partnership Agreement. I have just paid my first visit to Indonesia, India’s neighbour 90 nautical miles close, and not 90 nautical miles apart.
My friend President Widodo and I upgraded India-Indonesia relations to a Comprehensive Strategic Partnership. Among other shared interests, we have a common vision for maritime cooperation in the Indo-Pacific. On way from Indonesia, I stopped over briefly in Malaysia to meet one of ASEAN's most senior leaders, Prime Minister Mahathir.
Friends,
India Armed Forces, especially our Navy, are building partnerships in the Indo-Pacific region for peace and security, as well as humanitarian assistance and disaster relief. They train, exercise and conduct goodwill missions across the region. For example, with Singapore, we have the longest un-interrupted naval exercise, which is in its twenty fifth year now.
We will start a new tri-lateral exercise with Singapore soon and we hope to extend it to other ASEAN countries. We work with partners like Vietnam to build mutual capabilities. India conducts Malabar Exercise with the United States and Japan. A number of regional partners join in India’s Exercise Milan in the Indian Ocean, and participate in RIMPAC in the Pacific.
We are active in the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia – in this very city. Distinguished members of the audience, Back home, our principal mission is transforming India to a New India by 2022, when Independent India will be 75 years young.
We will sustain growth of 7.5 to 8% per year. As our economy grows, our global and regional integration will increase. A nation of over 800 million youth knows that their future will be secured not just by the scale of India's economy, but also by the depth of global engagement. More than any where else, our ties will deepen and our presence will grow in the region. But, the future we seek to build needs a stable bedrock of peace. And, this is far from certain.
There are shifts in global power, change in the character of global economy and daily disruption in technology. The foundations of the global order appear shaken. And, the future looks less certain. For all our progress, we live on the edge of uncertainty, of unsettled questions and unresolved disputes; contests and claims; and clashing visions and competing models.
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