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
UK signs trade pact with Thailand to boost exports
UK Trade Minister signs trade pact designed to boost trade and investment with Thailand and open the country up to British businesses.
UK to join CPTPP by 15 December
The UK has secured the sixth and final ratification required to trigger our accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) before the end of this year. CPTPP is a free trade area spanning five continents and almost 600 million people once the UK joins. Following Peru’s ratification of our deal to join the bloc, the agreement will now officially enter into force by 15 December 2024.
UKABC's Chief Executive Ian Gibbons Meets With Malaysian High Commissioner
In early August, Ian Gibbons, the Chief Executive of the UK-ASEAN Business Council (UKABC), was delighted to once again meet with His Excellency Dato' Zakri Jaafar, High Commissioner of Malaysia to the United Kingdom of Great Britain & Northern Ireland.
Economic ties with Southeast Asia strengthened as Foreign Secretary makes first visit to Indo-Pacific
In Vientiane, the Foreign Secretary will position the UK as a key partner to the Indo-Pacific region by forging closer collaboration on areas including trade, climate change and health security. Marking his first official visit to the region, the summit will highlight this government’s plan to strengthen Britain’s influence with the global powers of tomorrow.
UK joins groundbreaking global digital trade agreement
After five years of negotiations, the UK and 90 other countries have finalised the E-Commerce Joint Initiative at the World Trade Organization (WTO), which will make trade faster, cheaper, fairer and more secure. It will help British businesses, workers and consumers seize the opportunities of global digital trade, which is estimated by the OECD to be worth around £4 trillion and growing.
UKABC’s Director ASEAN and UKABC Board Director participate in Consultative Forum on the Post AEC-2025: Investment Priorities and Policy Imperatives – Bangkok, 3-4 July 2024
From 3-4 July Rino Donosepoetro, Cluster CEO, Standard Chartered Bank Indonesia and ASEAN Markets and UKABC Board Director and Allen Lai, UKABC’s Director-ASEAN, spoke at the Consultative Forum on Post ASEAN Economic Community 2025, hosted by the ASEAN Secretariat and the UN Conference for Trade and Development (UNCTAD).
UK Deepens Commitment to ASEAN-UK Economic Relations in Vientiane
The UK’s Senior Economic Official to ASEAN, His Majesty’s Trade Commissioner (HMTC) for Asia Pacific Martin Kent, visited Vientiane, Laos to demonstrate the UK’s continued and deepening economic commitment to ASEAN.
UKABC CEO Ian Gibbons Meets with Singapore High Commissioner to Strengthen UK-ASEAN Ties
Ian Gibbons, the Chief Executive Officer of the UK-ASEAN Business Council (UKABC), recently met with His Excellency Mr Ng Teck Hean, the High Commissioner of Singapore to the United Kingdom. The meeting marked a significant step towards enhancing the bilateral relationship between the UK and ASEAN, with a particular focus on Singapore.
Philippine Ambassador Welcomes UK-ASEAN Business Council Chief Executive to Strengthen Bilateral Trade Relations
On 28th June 2024, Ambassador Teodoro Locsin Jr. welcomed Mr Ian Gibbons, Chief Executive of the UK-ASEAN Business Council (UKABC), to the Philippine Embassy in London. Their meeting focused on enhancing the Philippines-UK bilateral relationship, particularly through bolstering two-way trade and investment. Ambassador Locsin extended an invitation to British businesses, encouraging them to invest in one of the fastest-growing economies in Asia.
UKABC Supports KPMG’s and DBT’s UK-Cambodia Trade and Investment Conference
On Friday, 28th June, UKABC was delighted to support KPMG’s and DBT’s UK-Cambodia Trade and Investment Conference. This conference marked the first official Cambodian trade and investment mission to the UK and was led by H.E. Dr. Sok Siphana, Senior Minister for Trade and Investment of the Royal Government of Cambodia.
UKABC’s Director-Partnerships and senior representatives from UKABC Partner companies participated in MDEC’s Tech Industry roundtable session
Malaysia’s Digital Economy Corporation (MDEC) hosted an informative and interactive tech industry roundtable to discuss investment opportunities in Malaysia.
UKABC Chair, Lord Ed Vaizey, met with Mr Agusman, Member of the Board of Commissioners of Indonesia’s FSA (OJK) & Bernardino Vega, Vice Chair of Indonesia Chambers of Commerce and Industry (KADIN)
In the margins of the ASEAN Future of Fintech Forum in London, Lord Ed Vaizey, Chair UK-ASEAN Business Council (UKABC), Ian Gibbons, UKABC’s Chief Executive and Ben Raby, UKABC’s COO, held constructive and collaborative discussions with Mr Agusman, Member of the Board of Commissioners of Indonesia’s FSA (OJK) and Bernardino Vega, Vice Chair of the Indonesia Chambers of Commerce and Industry (KADIN).
UK-ASEAN Business Council Chair, Lord Ed Vaizey, held an excellent discussion with Hon. Gobind Singh Deo MP, Minister for Digital of Malaysia
Lord Ed Vaizey, Chair of the UK-ASEAN Business Council met with Hon. Gobind Singh Deo MP, Minister for Digital of Malaysia at Battersea Power Station for an open and informed discussion on AI regulation and safety, managing cyber security risks and the opportunities from the UK and global space sector growth.
Lord Ed Vaizey, Chair of the UK-ASEAN Business Council delivered a keynote speech at the ASEAN Future of Fintech Forum in London
The ASEAN Future of Fintech Forum co-hosted by KADIN Indonesia and the ASEAN Business Advisory Council, in collaboration with Equatorise, Indonesia’s FSA (OJK) and the UK Government and with support from the UK-ASEAN Business Council attracted an audience of over 100 business leaders.
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
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