Australia on March 5 announced its plan to increase investment in the Association of Southeast Asian Nations (ASSEAN).
Government officials have a load of work ahead of them to update the Australia-Singapore Comprehensive Strategic Partnership (CSP) within the next year.
Australia leverages its longstanding ties with ASEAN to bolster economic security and growth, diversifying trade partnerships amidst geopolitical challenges.
Cambodia has encouraged Australian business and investor community to further increase business and investment activities in high-value-added sectors such as agriculture and agro-processing, logistics, e-commerce, and digital technology, considered as priority sectors for economic development of the Royal Government of Cambodia.
Indonesia's Trade Ministry is convinced that the country's foreign trade will surpass that of Vietnam after the completion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA).
Indonesian President Joko Widodo and Cambodian Prime Minister Hun Manet discussed bilateral efforts to increase trade and investment cooperation, on the sidelines of the ASEAN-Australia Special Summit in Melbourne on March 4.
As trade competition between China and the US continues to intensify, the Association of Southeast Asian Nations (ASEAN) is rapidly emerging as the Republic of Korea (RoK)’s global manufacturing base and an important export market.
Indonesia’s Coordinating Ministry for Economic Affairs has underlined the need to implement the digitalisation and green transition megatrends to realise the ASEAN Vision 2045 as the world's fourth-largest economic region.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
