As ASEAN grows to become the world’s fourth-largest economy by 2030, it is experiencing a demographic shift to a younger population, an expanding middle class and rapid adoption of cutting-edge technology. The UK-ASEAN Business Council is perfectly positioned to be your partner in this growing ASEAN opportunity.
The UK-ASEAN Business Council (UKABC) is an independent partner to UK and ASEAN governments, linking the UK private sector, the UK government and the public and private sectors of ASEAN, facilitating dialogue on policy and shared global challenges to grow two-way trade and investment between the UK and ASEAN.
As a formal member of the ASEAN Business Advisory Council’s Joint Business Council, the UKABC is an active partner in key issues facing the region and is the official representative of UK business in the annual ASEAN Economic Ministers – UK Consultative Meeting. Click here to watch Rino Donosepoetro, Board Director UKABC, outline UKABC’s three key messages presented at the 2024 ASEAN Economic Ministers meeting.
Through its network and strength of partnerships, UKABC facilitates the hosting of roundtables for senior ASEAN visitors including the Secretary-General of ASEAN in London and an annual UK-ASEAN Business Forum with ASEAN and UK Ministers. This deep relationship with business also enables UKABC to lead a business delegation to the annual ASEAN Business and Investment Summit.
Latest News
Minister for the Indo-Pacific Catherine West visits Indonesia to engage on bilateral and ASEAN priorities
Minister for the Indo-Pacific Catherine West recently visited Indonesia with a focus on green growth and for meetings with the permanent representatives to the Association of Southeast Asian Nations (ASEAN), as the UK enters its fourth year as an ASEAN Dialogue Partner. The Minister also travelled to Timor-Leste to reaffirm UK support for the country’s application to join ASEAN.
UKABC Partner, Informed Solutions, launches new AI Readiness Service to UK and international companies
UKABC Partner, Informed Solutions has launched a new dynamic AI Readiness Service, which is designed to accelerate organisations’ understanding of readiness and capabilities to take advantage of AI for operational and service efficiency.
UKABC’s Director-ASEAN attends the launch of Malaysia’s Chairmanship of ASEAN
Allen Lai, Director-ASEAN of the UK-ASEAN Business Council (UKABC), recently participated in the ASEAN Business Advisory Council (ASEAN-BAC) meeting with the Joint Business Councils (JBCs) in Penang, where Malaysia’s Chairmanship of ASEAN-BAC 2025 was officially launched.
Joint Statement on UK-Malaysia Joint Economic and Trade Committee
On Thursday 16 January, the UK and Malaysia held the inaugural ministerial-led Joint Economic and Trade Committee (JETCO) meeting. The Joint Statement following the meeting between The UK Minister for Trade Policy and Economic Security, Douglas Alexander MP, and Malaysian Minister for Investment, Trade and Industry, Tengku Zafrul Aziz can be read here.
UKABC hosts business roundtable for The Honourable Tengku Zafrul Aziz, Minister of Investment of Malaysia
UKABC Chief Executive Ian Gibbons OBE was delighted to host the UK-ASEAN Business Council (UKABC) roundtable for The Honourable Tengku Zafrul Aziz, Minister of Investment, Trade and Industry of Malaysia on Friday in London. This roundtable, delivered in partnership with Standard Chartered Malaysia and the British Malaysian Chamber of Commerce (BMCC), followed hard on the heels of the highly productive roundtable with captains of industry hosted by Prime Minister of Malaysia Anwar Ibrahim and the first UK-Malaysia Joint Economic and Trade Committee meeting on Thursday 16 January.
UKABC Chair and CEO meet Prime Minister Anwar Ibrahim of Malaysia
UKABC Chair Lord Vaizey and Chief Executive Ian Gibbons OBE joined senior UK business leaders for a ‘Captains of Industry’ roundtable hosted during the visit of Prime Minister Anwar Ibrahim of Malaysia to the UK.
ASEAN-UK GTF: Climate Policy, Green Finance, and Clean and Just Energy Transition Call for Proposals
UK PACT (Partnering for Accelerated Climate Transitions) is a flagship programme under the UK’s International Climate Finance (ICF) portfolio. The programme is jointly governed and funded by the Foreign, Commonwealth and Development Office (FCDO) and the Department for Energy Security and Net Zero (DESNZ). The UK is committed to tackling climate change and is investing £11.6bn via the UK’s International Climate Finance (ICF) portfolio over the five years to March 2026.
UKABC Chief Executive Ian Gibbons Awarded OBE in New Year Honours List
Many congratulations to UKABC's Chief Executive, Ian Gibbons, who was awarded an OBE in HM The King's New Year Honours List 2025.
CPTPP Entry into Force - Guidance and Links
The Department for Business and Trade’s Free Trade Agreement Utilisation Team has created a series of guidance documents explaining the benefits of CPTPP and how companies can utilise the agreement, including guidance on proving rules of origin, accessing simpler customs, and benefiting from zero tariffs. There is also detailed information on different sectors and market opportunities and the steps companies need to take to utilise the agreement.
£2 billion boost to growth as UK joins major trade group
The UK has today officially joined CPTPP as a fully-fledged member, potentially boosting the UK economy by £2 billion a year in the long run. CPTPP is a major trade bloc whose members - Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and now the UK – have a combined GDP of £12 trillion.
Enhancing ASEAN-UK Connectivity for a Prosperous and Sustainable Future
Mr. Martin Kent and Ambassador Sarah Tiffin discuss how the UK and ASEAN are forging greater economic and people-to-people ties. ASEAN is an engine room of global growth. It is home to around 680 million people and fast-growing, innovative economies. The region is collectively equivalent to the fifth-largest economy in the world, according to the International Monetary Fund’s World Economic Outlook for October.
UKABC’s Dialogue with Martin Kent, HMTC for Asia Pacific and an update on CPTPP’s Entry into Force from David Johnstone, Head of FTA Utilisation at the Department for Business and Trade
UKABC was delighted to host HMTC Martin Kent and David Johnstone from the Department for Business and Trade for a tour de force covering updates on ASEAN and the wider Asia Pacific region from both a bilateral and wider regional political and commercial perspective.
UK Trade Mission to Brunei Darussalam
Following a visit earlier this year by Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific, the UK-ASEAN Business Council (UKABC) was pleased to work in partnership with the Department for Business and Trade and The British High Commission in Brunei to deliver the first-ever UK Trade Mission to Brunei Darussalam. 12 companies joined us on the mission which ran from 25-27 November 2024.
Indonesian Investment Forum 2024 and UKABC Lunch with H.E. Rosan Perkasa Roeslani, the Indonesian Minister of Investment and Dominic Jermey, His Majesty’s Ambassador to Indonesia, London, 22 November
The UK-ASEAN Business Council (UKABC) was delighted to support the successful Indonesian Investment Forum (IIF) at the Raffles Hotel London. This annual event was co-hosted by the Indonesian Ministry of Investment and Downstream Industry (BPKM) through the Indonesian Investment Promotion Centre (IIPC) and the Indonesian Embassy in London.
Recent Event Highlights
Through its network and strength of partnerships, UKABC facilitates the hosting of roundtables for senior ASEAN visitors including the Secretary-General of ASEAN in London and an annual UK-ASEAN Business Forum with ASEAN and UK Ministers. This deep relationship with business also enables UKABC to lead a business delegation to the annual ASEAN Business and Investment Summit.
Upcoming Events
