Li is on an official visit to Singapore which will end on November 16. He is to deliver a lecture and participate in a summit of the Association of Southeast Asian Nations.
The agreement, signed by defence ministers of the 10-member Association of Southeast Asian Nations (ASEAN) at a conference in Singapore, includes a region-wide agreement on the exchange of information on terrorism threats.
External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman held the crucial talks with US Secretary of State Mike Pompeo and Defence Secretary James Mattis in New Delhi on September 6.
India should ask for a reasonable phase-in period for tariff elimination before the proposed RCEP deal kicks in — this could be used to lend a competitive edge to the real sectors
A number of the members of the Association of Southeast Asian nations (ASEAN) and China have overlapping claims to islands in the sea, one of the world's busiest waterways. For years they have been discussing an agreement to prevent escalation.
The plenary session was attended by Meghalaya Chief Minister Conrad Sangma, Tripura Chief Minister Biplab Kumar Deb, Mizoram Chief Minister Lal Thanhawla and Deputy Chief Minister of Arunachal Pradesh Chowna Mein.
Singapore could serve as a gateway for Indian companies which want to invest in ASEAN countries, Keat added.
"This year we will also be honoured by the presence of our friends from ASEAN and BIMSTEC which will lend a global connect to our exchanges," the telecom minister said at a curtain raiser event of India Mobile Congress (IMC).
The ASEAN leaders joined President Ram Nath Kovind and Prime Minister Narendra Modi at the Republic Day parade, making it an unprecedented event.
Prime Minister Narendra Modi paid his tributes to the martyrs by laying a wreath at Amar Jawan Jyoti in the presence of Defence Minister Nirmala Sitharaman and the three service chiefs.
In addition, leaders of the ASEAN and India decided to strengthen cooperation in combating other transnational crimes, including human trafficking, illicit drug trafficking, cybercrime, and piracy and armed robbery against ships.
Currently, there are three cooperation funds -- ASEAN- India Fund, ASEAN-India Green Fund and ASEAN-India Science and Technology Development Fund.
The decision to confer the Padma Shri, India's fourth highest civilian award, on one achiever from each ASEAN country was taken as India-ASEAN Commemorative Summit started in New Delhi today.
India will be showcasing its military prowess, culture and diversity in the presence of leaders of the 10 ASEAN nations who will attend the event at the Rajpath as chief guests.
Barricades were erected on all major roads leading to the parade venue with policemen checking vehicles and informing people about diversions.
The highest level of participation at the summit comes in the backdrop of increasing Chinese economic and military assertiveness in the region.
India is holding a two-day India-ASEAN Commemorative Summit which is expected to give boost to the cooperation in key areas of counter-terrorism, security and connectivity amidst increasing Chinese economic and military assertiveness in the region.
Modi also held a meeting with Singaporean Prime Minister Lee Hsien Loong, the current chair of the ASEAN grouping.
Thousands of armed personnel have been keeping a tight vigil for Republic Day in Delhi and in border areas of the city to ensure a smooth passage of the celebrations tomorrow.
India has been increasing its engagement with the regional bloc as per its 'Act East Policy'.
After the meeting between Modi and the Myanmarese leader, external affairs ministry spokesman Raveesh Kumar tweeted, "The two leaders had a productive discussion on intensifying bilateral cooperation, including follow up on key decisions taken during PM's visit to Myanmar in September 2017."
The minister also said that India cannot become a member of ASEAN because of geographical reason as this grouping is of South East Asian nations while India lies in the South Asia.
Swaraj said scholars from the Southeast Asian region have been choosing India as an important learning centre and in the ancient times, they used to prefer the Nalanda University.
Addressing a conference, the minister said India has strengths in production and exports of almost all kinds of textiles and apparel.
The 16-member RCEP comprises 10 ASEAN members (Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, the Philippines, Laos and Vietnam) and their 6 FTA partners — India, China, Japan, South Korea, Australia and New Zealand.