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ASEAN dia - ASEAN telations, as they cxist today, arc in some ways, a configuration of age-old ties that date back 2,000 yeats. Only the les of trade have changed, Instead of the silk route, countries now use -oriented routes ta link up. % IAN, the latest version of what was the Asian trade network ages is an effort to establish cooperation in the economic, social, ral, technical, educational and other fields among its member tries, namely Indonesia, Malaysia, Philippines, Singapore, iland, Brunei Darussalam, Vietnam, Laos, Myanmar and bodia. * For a tclationship that began warming up only about a decade ago, the dia-ASEAN pattnetship has been trotting at quite a fast pace. ingapore fa has already become Singapore's fastest-growing trade partner , o king China. * Twopval¥ trade between Singapore and India grew at 54.3 per cent in the six months, and is set to top S$10 billion for the full year - easily exg@eling last yeat's recotd trade of S$7.9 billion. is Singapore's 12th-latgest trading partnet and also the 12th-biggest et for Singapore-made goods. apore's cumulative investments in India, amounting to $1.3 billion till end of 2003. Such investments have grown by an astounding 60 per cgnt annually for the last 10 years.

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