ASEAN Articles

Daniel Walder Daniel Walder

Lord Vaizey, Chair of the UK-ASEAN Business Council, shares his reflections from attending the ASEAN Business Investment Summit in Vientiane, Laos from 8-11 October

ASEAN is one of the fastest-growing parts of the global economy, with 700 million people, and many nations with strong and resilient economies. There is a real appetite to engage with the UK. As we rightly pivot back to better relations with the EU, we mustn’t lose sight of our need to continually engage with ASEAN…

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Daniel Walder Daniel Walder

Promoting UK global accountancy standards to boost Southeast Asia business

The global accountancy body – ACCA – is working with the UK-ASEAN Business Council (UKABC) to promote international business and trade in the Middle East and Southeast Asia. The UKABC-led events – where ACCA is principal sponsor – will see government, business, and trade leaders discuss issues that matter to businesses looking to enter and extend their commercial footprint in the region.

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Daniel Walder Daniel Walder

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...

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Daniel Walder Daniel Walder

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.

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Daniel Walder Daniel Walder

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.

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