The Plan of Action of the ASEAN-INDIA  PARTNERSHIP FOR PEACE, PROGRESS AND SHARED PROSPERITY (2016-2020), implements  the goals and objectives of the  ASEAN-India Partnership for Peace, Progress and Shared Prosperity on 30  November 2004 in Vientiane, Lao PDR, and the Vision Statement of the  ASEAN-India Commemorative Summit, adopted by the Leaders of ASEAN and India on  20 December 2012 in New Delhi, India. Through the implementation of this Plan  of Action, ASEAN and India will work towards supporting the ASEAN Community  building and integration process, including the ASEAN Community’s Post-2015  Vision, for a politically cohesive, economically integrated, socially  responsible and a truly  people-oriented, people-cantered and rules-based ASEAN, narrowing the  development gap and enhancing ASEAN Connectivity.  Both sides will also further promote cooperation in addressing common and  emerging challenges and enhance coordination in other international for a on  issues of common concern to  contribute to overall peace, stability and prosperity. 
                        The main objectives of ASEAN-India  Science, Technology and Innovation cooperation are based on following  principles-
In order to facilitate development, transfer and Innovate low cost technologies under AISTD, India and ASEAN agreed to institute a scheme “ASEAN-India Innovation Platform” (AIIP) to provide solutions to common problems of India and ASEAN for socio-economic development of India as well as ASEAN Region.