The UK is seeking to forge greater economic ties with the Indo-Pacific and Indonesia is among its key partners in Southeast Asia.
The Kingdom’s top diplomat voiced optimism that the Cambodia-Korea Free Trade Agreement (CKFTA), which entered into force on December 1, will further enhance trade and investment between the two countries, according to the foreign ministry.
State Minister of Foreign Affairs Tharaka Balasuriya was on a short transit visit to Singapore.
The EU and ASEAN have maintained good relations so far, but the EU has begun to pay more attention to promoting relations with ASEAN amidst the current geo-political context, said Axel Goethals.
The economic development package is worth about $1.82 billion.
The Philippines was among the countries in Southeast Asia that saw the highest growth in greenfield investments in the first three quarters of the year.
Climate change threats loom across the world, and Southeast Asia is in a favorable position to benefit from a windfall of sustainable investment opportunities if their plans take flight.
EAEU is a region which has a strong economy and large market potential in north Eurasia, and Indonesia sees EAEU as an important trade partner.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
