OPPORTUNITIES FOR ASEAN AMIDST US'S TARIFF TANTRUM: ASEAN-BAC HEAD
HANOI, June 8 (Bernama-VNA) -- Southeast Asian countries can capitalise on the rollout of tariffs and other US policies by re-evaluating overlooked relations with other trade partners and opening their doors to international students, according to Tan Sri Nazir Razak, Chairman of the ASEAN Business Advisory Council (ASEAN-BAC) - ASEAN’s business lobby.
Vietnam News Agency (VNA) reported, Nazir, who leads the council during Malaysia’s ASEAN Chairmanship in 2025, emphasised the importance of strengthening intra-regional economic ties by boosting trade and investment within the Association of Southeast Asian Nations (ASEAN).
He called for forging closer partnerships with other countries in the world such as China, India, and Japan.
The ASEAN-BAC head also proposed ASEAN and Japan collaborate in fields such as artificial intelligence and energy, as both have the potential to work together and build capacity in this area.
--BERNAMA
