India-Asean trade talks: Jakarta to host next AITIGA review in October, $123 bn bilateral trade in focus

The next spherical of negotiations to review the ASEAN-India Trade in Goods Agreement (AITIGA) might be held on October 6-7, 2025, on the ASEAN Secretariat in Jakarta, Indonesia, hosted by Malaysia, the Commerce Ministry stated.The tenth spherical of talks concluded in New Delhi between August 10 and 14, with the Joint Committee specializing in advancing the AITIGA review to improve its effectiveness, enhance market entry, and strengthen trade facilitation, PTI reported. ASEAN accounts for about 11 per cent of India’s world trade, with bilateral trade touching $123 billion in 2024-25.“The next AITIGA Joint Committee meeting is scheduled for 6-7 October 2025 at the ASEAN Secretariat in Jakarta, Indonesia, and will be hosted by Malaysia,” the ministry stated.In a separate assertion, the ministry stated the fourth assembly of the India-Singapore Joint Working Group on Trade and Investment (JWGTI) came about in New Delhi on August 14. Discussions centred on figuring out precedence sectors for alignment, bettering logistics and provide chains, streamlining regulatory frameworks, and facilitating cross-border trade.The assembly additionally reviewed collaboration in semiconductors and trade digitalisation, and explored new partnerships in expertise growth and capability constructing. Singapore stays India’s largest ASEAN buying and selling associate, with bilateral trade of $34.26 billion in 2024-25. It can also be the second-largest supply of overseas direct funding into India, with fairness inflows of $163.85 billion (Rs 11,24,509.65 crore) from April 2000 to July 2024, accounting for about 24 per cent of complete inflows.