WASHINGTON - A new legislation in the United States will raise the formal status of Asean to bring it in line with other regional groupings like the European Union, in a move that will pave the way for closer cooperation between the country and Asean. Read more at straitstimes.com.
WASHINGTON - A new legislation in the United States will raise the formal status of Asean to bring it in line with other regional groupings like the European Union, in a move that will pave the way for closer cooperation between the country and Asean.
Besides bipartisan political support, the Act has drawn endorsement from a range of organisations including the powerful US Chamber of Commerce in Washington DC. The US Chamber of Commerce has been calling for more US economic engagement with Asean, and improvements to the Indo-Pacific Economic Framework launched by the US in May 2022.
In an interview with ST, Mr John Goyer, executive director of South-east Asia at the US Chamber of Commerce, said: “I think it’s encouraging when you hear the administration talk about Asean centrality; whether it’s matters pertaining to maritime disputes or the situation in Myanmar, and other… broader Asian regional issues… there is a recognition and a belief of Asean centrality.”
The growth in imports used to be 18 per cent year on year, he noted, but this has doubled since 2017.
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