ASEAN, Gulf states to deepen economic, energy ties as leaders meet at inaugural summit in Riyadh

South Africa News News

ASEAN, Gulf states to deepen economic, energy ties as leaders meet at inaugural summit in Riyadh
South Africa Latest News,South Africa Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 66%

The summit between leaders of the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) in the capital of Saudi Arabia on Oct 20 comes amid shared concerns of global superpower rivalry, according to experts.

The inaugural summit between leaders of the Association of Southeast Asian Nations and the Gulf Cooperation Council will be held in Saudi Arabia's capital Riyadh. SINGAPORE: Countries in Southeast Asia and the Gulf region are expected to strengthen economic and energy cooperation in a meeting between leaders next week, as they seek to deepen ties.

In recent years, ASEAN has been upgrading its ties with various dialogue partners, such as the US, China, India, Japan and Australia, to Comprehensive Strategic Partnerships . US Secretary of State Antony Blinken with the Foreign Ministers of the Gulf Cooperation Council nations in New York last month. Dr Jean-Loup Samaan, senior research fellow at the Middle East Institute in the National University of Singapore, told CNA:"For a long time, the relationship was quite modest, to be honest. It was mostly about cultural exchange, but on both sides, I think there was a certain level of benign neglect.

The two blocs will likely explore cooperation in the energy space, amid a clean energy transition driven by climate change.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore and Thailand discuss strengthening ties, deepening ASEAN integrationSingapore and Thailand discuss strengthening ties, deepening ASEAN integrationSingapore and Thailand are looking to work together in areas such as the digital and green economy. It's among discussions that took place between Singapore Prime Minister Lee Hsien Loong and Thai Prime Minister Srettha Thavisin.
Read more »

Singapore and Thailand discuss strengthening ties, deepening ASEAN integrationSingapore and Thailand discuss strengthening ties, deepening ASEAN integrationSingapore and Thailand are looking to work together in areas such as the digital and green economy. It's among discussions that took place between Singapore Prime Minister Lee Hsien Loong and Thai Prime Minister Srettha Thavisin.
Read more »

China state fund's boost in bank stakes will stimulate marketChina state fund's boost in bank stakes will stimulate marketBEIJING : The increase in stakes by Chinese state fund Central Huijin Investment in the country's four major banks is expected to draw more investors to the market, the official China Securities Journal said in a commentary on Friday.
Read more »

China's 'Big Four' banks announce stake increases by state parent HuijinChina's 'Big Four' banks announce stake increases by state parent Huijin(Adds missing word "six" in first paragraph)SHANGHAI :China's "Big Four" state banks said late on Wednesday that their state parent, Central Huijin Investment Ltd, had bought the lenders' Shanghai-traded shares, and plans to further increase holdings within the next six months.The announcements by Ban
Read more »

Toyota, Idemitsu join hands to mass-produce all-solid-state batteriesToyota, Idemitsu join hands to mass-produce all-solid-state batteriesTOKYO : Toyota Motor and Idemitsu Kosan have joined hands to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday.
Read more »

Britain's King Charles to acknowledge 'painful' past in state visit to KenyaBritain's King Charles to acknowledge 'painful' past in state visit to KenyaLONDON - Britain's King Charles and his wife Camilla will travel to Kenya for a four-day state visit at the end of this month where he will acknowledge 'painful aspects' of its colonial past, Buckingham Palace said on Wednesday (Oct 11). It will be the third foreign trip by the royals since Charles became king following the death of his...
Read more »



Render Time: 2025-03-01 01:42:20