Mr Modi also said that he was convinced of the success of the forthcoming annual summit in further deepening the India-Japan special strategic and global partnership.
PM Modi, who arrived in Bangkok on Saturday on a three-day visit, addressed at least 2.5 lakh NRIs in the Thai capital. He stressed India-Thailand's centuries-old ties, common values and what his govt is doing to fulfill his ambitious dream of turning India into a $5 trillion economy.
PM Modi made a strong appeal to the business leaders to invest in India saying that this is the best time to be in the country.
"I am eager to give you a picture of some positive changes happening in India today. I say this with full confidence, this is the best time to be in India," PM said while speaking at an event here, where he outlined various endeavours of the government of India.
Prime Minister Modi spoke about India's improved position in World Bank's Ease of Doing Business (EODB) ranking and said, "Many things are rising while others are falling. Ease of doing business, ease of living, FDI, forest cover, patents, productivity are rising while taxes, tax rates, red-tapism, corruption, cronyism are falling. The corrupts are running for cover."
Modi also emphasised that India and Thailand have strong cultural linkages and said that commerce and culture have inherent powers to unite.
Meanwhile, senior officials from the United States, Australia, India, and Japan ('Quad' countries) met in Bangkok on Monday, November 4, 2019, for consultations on collective efforts to advance a free, open, and inclusive Indo-Pacific based on shared values and principles and respect for international law.
The U.S. state department spokesperson said in a statement, “The four nations reaffirmed their support for a rules-based order in the region that promotes stability, growth, and economic prosperity.”
“The officials continued productive discussions held at the September 26 Quad Ministerial, advancing practical collaboration on counter-terrorism, cyber, development finance, maritime security, humanitarian assistance, and disaster response, said the U.S. state department.
“They explored ways to enhance coordination on quality infrastructure based upon international standards such as the G20 Principles for Quality Infrastructure Investment, and discussed strengthening partnerships with existing regional frameworks, the statement said.
“They also explored ways to work together in the Mekong sub-region and across the Indo-Pacific. The officials commended Thailand’s chairmanship of ASEAN in 2019 and looked forward to Vietnam’s chairmanship in 2020. The four countries underscored their intent to continue regular consultations, including at the Ministerial level, and agreed to hold the next senior officials’ meeting in spring 2020,” the U.S. state department spokesperson added.
The External Affairs Ministry in Delhi said in a statement, “senior officials of the 'Quad' countries held consultations on the situation in Indo-Pacific and supported an ASEAN led mechanisms for the regional architecture for the region.”
The MEA statement said, the officials reiterated their firm support for ASEAN-Centrality and ASEAN-led mechanisms in the regional architecture for the Indo-Pacific and expressed their readiness to work with ASEAN and all other countries towards realizing a common and promising vision for the region.
The MEA said the officials exchanged views on ongoing and additional practical cooperation in the areas of connectivity and infrastructure development, and security matters, including counterterrorism, cyber and maritime security, with a view to promoting peace, security, stability, prosperity in the Indo-Pacific region.
In November 2017, India, the US, Australia, and Japan gave shape to the long-pending "Quad" Coalition to develop a new strategy for keeping the critical sea routes in the Indo-Pacific free of any influence. (With inputs from ANI and other media)
Image Courtesy – The Diplomat / Voice of Freedom / Asia Nikkei
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