ASEAN-Japan share vision of ‘trusted partner’ relationship
The two sides also reaffirmed their commitment to upholding international law, including the UN Charter and the 1982 UN Convention on the Law of the Sea (UNCLOS).
The two sides also reaffirmed their commitment to upholding international law, including the UN Charter and the 1982 UN Convention on the Law of the Sea (UNCLOS).
The commemorative summit comes as Japan and Asean mark 50 years of friendship and cooperation, having also upgraded their relationship to the highest-tier Comprehensive Strategic…
The Asian Development Bank’s update of its Asian Development Outlook also showed that developing Asian economies overall are now expected to grow by 4.9 percent in 2023.
According to Fitch, high borrowing costs and mostly modest fiscal deficit reductions will cause debt ratios to rise in 2024 in about half of the APAC sovereigns despite solid…
Recovery in tourism and spending on infrastructure have continued to drive Pacific economies, and the subregion is expected to grow by 2.9 per cent in 2024.
Leaders are also set to confirm the establishment of a command post for decarbonisation efforts and the creation of a committee of experts.
The paper says ASEAN should put aside their differing national interests and act in unity in making concerted efforts, in light of the power rivalry in the region.
He also said that openness and inclusiveness of cultures in South-east Asia, and the fact that none of the individual nations or the region as a whole regards itself as a…
Despite efforts by previous chairs, analysts remain sceptical about Laos’ ability to effectively address the situation, which has been ongoing since the 2021 coup.
The precaution stemmed from the repatriation of four Filipinos who fell victim to illegal recruiters.