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.