India pushes for balanced AITIGA review at ASEAN-India meet in Manila
Synopsis
Key Takeaways
India on Thursday, 24 September 2026 reaffirmed its commitment to mutually beneficial trade partnerships at the ASEAN-India Economic Ministers Consultation held in Manila, with the review of the ASEAN-India Trade in Goods Agreement (AITIGA) at the centre of deliberations, according to a Commerce Ministry statement.
India's Core Demand: Balance and Effectiveness
The Indian delegation, led by Nitin Kumar Yadav, Additional Secretary at the Department of Commerce, stressed that the ongoing AITIGA review must produce an outcome that is balanced, effective, user-friendly, and trade facilitative for businesses. New Delhi reiterated that the review must address existing trade asymmetries — a persistent concern given India's structural trade deficit with several ASEAN economies.
The focus on 'mutual benefit' is not incidental. India has long argued that the original AITIGA, signed in 2009, has disproportionately favoured ASEAN exports into India while Indian goods and services have faced greater friction accessing ASEAN markets. The review, now in an advanced phase, is meant to correct that imbalance.
Trade at $128.38 Billion — and Growing
Bilateral trade between India and ASEAN reached $128.38 billion in 2025–26, with the bloc accounting for 10.55% of India's total global trade. These numbers underscore both the scale of the partnership and the stakes involved in getting the revised agreement right. ASEAN is India's fourth-largest trading partner and a key pillar of its Act East Policy.
Broader Ministerial Engagement
Economic Ministers or their representatives from all 11 ASEAN member states — Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Timor-Leste, and Vietnam — participated in the meetings. East Asia Summit (EAS) partners, including India, Australia, China, Japan, New Zealand, South Korea, Russia, and the United States, were also represented.
On the sidelines, the Indian delegation met with Indian businesses operating in the Philippines and discussed barriers faced in exporting commodities and services — a practical step toward turning ministerial commitments into on-the-ground trade relief.
Energy Security and Industrial Clusters on the Agenda
The Economic Research Institute for ASEAN and East Asia (ERIA) presented a paper titled 'Powering the EAS Region's Next Wave of Growth: An Integrated Approach to Energy Security and Industrial Clusters', which outlined a framework linking energy infrastructure, digital demand, industrial policy, and coherent trade investment rules. The ASEAN Secretariat also briefed delegates on the regional and global economic outlook for 2027, including anticipated implications for trade and investment flows.
The Indian delegation additionally participated in the ASEAN-India Business Forum 2026, held on Wednesday, which brought together government and private sector representatives to map commercial opportunities across the region.
What Comes Next
The trajectory of the AITIGA review will be closely watched. With India seeking greater market access and rectification of trade imbalances, and ASEAN economies keen to preserve existing advantages, bridging the gap will require sustained negotiation. The Manila consultations are expected to feed into formal trade negotiations scheduled over the coming months, with a revised agreement viewed as critical to deepening India's economic integration with Southeast Asia.