ASEAN’s Strategic Move
The Association of Southeast Asian Nations (ASEAN) is actively seeking to enhance trade partnerships with China and the Gulf Cooperation Council (GCC), which includes Saudi Arabia, UAE, Oman, Qatar, Kuwait, and Bahrain. This initiative comes as ASEAN grapples with persistent trade tensions with the United States. Leaders convened in Kuala Lumpur on Tuesday for this significant trilateral summit aimed at fostering economic collaboration.
During the summit, the focus was on establishing stronger economic ties and addressing mutual interests. By engaging with China and the GCC, ASEAN aims to diversify its trade relationships and bolster regional stability. This move marks a pivotal moment for ASEAN as it navigates the complexities of international trade dynamics.
