Obama’s chief trade advisor to meet ASEAN ministers

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Meeting room for the ASEAN minister’s gathering in Siem Reap’s Apsara Angkor Resort & Conference hotel

The 44th ASEAN Economic Ministers meeting and related trade and business meetings kick off this Monday, August 27, in Siem Reap, Cambodia’s temple town, and will run until September 1. The meeting will see a high-profile US delegation headed by US Chief Trade Advisor Ron Kirk.

The ministers will discuss trade liberalisation and economic cooperation among the ASEAN member states, and the cooperation between ASEAN and its dialogue countries, according to Cambodian Minister of Commerce Cham Prasidh. ASEAN Secretary General Surin Pitsuwan will also be present at the meeting. Inside Investor reported.

The US Trade Representative Ron Kirk, President Obama’s Chief Trade Advisor, will be visiting Siem Reap on August 30-31 to participate in the economic ministers’ meetings and the ASEAN-US Business Summit, according to a press release issued by the US Embassy in Cambodia last Monday.

The press release said that the ASEAN-US Business Summit provided an opportunity for business representatives from the US and ASEAN to exchange views on promoting economic growth and innovation. There will also be talks on the Trans-Pacific Partnership (TPP) and the Asia-Pacific Economic Cooperation (APEC) forum and a meeting with Cambodia’s Prime Minister Hun Sen.

The US is one of the major trading partners of ASEAN. In 2011, total trade between ASEAN and the US was $198 billion, a growth of 6.5 per cent from $186 billion in 2010, according to official figures released by the ASEAN Secretariat. This accounted for 8.3 per cent of the total ASEAN trade in 2011. The US remained as the fourth largest trading partner of ASEAN. Foreign direct investment inflow from the US amounted to $6.1 billion in 2011 compared with $5.7 billion in 2009. The US is currently the third largest investor in ASEAN.

 

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Reading Time: 1 minute

Meeting room for the ASEAN minister’s gathering in Siem Reap’s Apsara Angkor Resort & Conference hotel

The 44th ASEAN Economic Ministers meeting and related trade and business meetings kick off this Monday, August 27, in Siem Reap, Cambodia’s temple town, and will run until September 1. The meeting will see a high-profile US delegation headed by US Chief Trade Advisor Ron Kirk.

Reading Time: 1 minute

Meeting room for the ASEAN minister’s gathering in Siem Reap’s Apsara Angkor Resort & Conference hotel

The 44th ASEAN Economic Ministers meeting and related trade and business meetings kick off this Monday, August 27, in Siem Reap, Cambodia’s temple town, and will run until September 1. The meeting will see a high-profile US delegation headed by US Chief Trade Advisor Ron Kirk.

The ministers will discuss trade liberalisation and economic cooperation among the ASEAN member states, and the cooperation between ASEAN and its dialogue countries, according to Cambodian Minister of Commerce Cham Prasidh. ASEAN Secretary General Surin Pitsuwan will also be present at the meeting. Inside Investor reported.

The US Trade Representative Ron Kirk, President Obama’s Chief Trade Advisor, will be visiting Siem Reap on August 30-31 to participate in the economic ministers’ meetings and the ASEAN-US Business Summit, according to a press release issued by the US Embassy in Cambodia last Monday.

The press release said that the ASEAN-US Business Summit provided an opportunity for business representatives from the US and ASEAN to exchange views on promoting economic growth and innovation. There will also be talks on the Trans-Pacific Partnership (TPP) and the Asia-Pacific Economic Cooperation (APEC) forum and a meeting with Cambodia’s Prime Minister Hun Sen.

The US is one of the major trading partners of ASEAN. In 2011, total trade between ASEAN and the US was $198 billion, a growth of 6.5 per cent from $186 billion in 2010, according to official figures released by the ASEAN Secretariat. This accounted for 8.3 per cent of the total ASEAN trade in 2011. The US remained as the fourth largest trading partner of ASEAN. Foreign direct investment inflow from the US amounted to $6.1 billion in 2011 compared with $5.7 billion in 2009. The US is currently the third largest investor in ASEAN.

 

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