India has offered a $1 billion Line of Credit to enhance physical and digital connectivity with ASEAN nations, according to C. R. Chaudhary, Minister of State for Commerce and Industry. “.. physical and digital connectivity are poised to seamlessly integrate us into a greater Indo-ASEAN community,” he said at an ASEAN India Business Council Forum event organised by the FICCI and the Commerce Ministry.

He also said there was need for an early conclusion of a balanced Regional Comprehensive Economic Partnership pact to boost trade and investment ties with the ASEAN countries.