Prime Minister Narendra Modi at the 12th ASEAN-India Summit.

Modi says he is very happy to be at the ASEAN Summit. Addressing the meet, the PM says Myanmar (which is hosting the summit) is a great neighbor of India, and India shares historic relations with this nation.

"Our bilateral relations with all the nations here are very good. At the same time we attach great importance to ASEAN," he said.

Modi will also meet heads of state and government of several countries on the sidelines of the multilateral events.

The Association of Southeast Asian Nations (ASEAN) is a political and economic organisation consisting of 10 countries of Southeast Asia,  formed on August 8, 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand. Followed by which the membership was also spread out to  Brunei, Cambodia, Laos, Myanmar (Burma) and Vietnam.