June 09, 2025 | 07:58 (GMT+7)
Opportunities for ASEAN amidst US's tariff tantrum: ASEAN-BAC head
Southeast Asian countries can capitalize 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 Nazir Razak, Chairman of the ASEAN Business Advisory Council (ASEAN-BAC) - ASEAN’s business lobby.
Nazir, who leads the council during Malaysia’s ASEAN Chairmanship in 2025, emphasized 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.
Source: VNA