5th ASEAN-EU Business Summit Announced: 10th March 2017, Manila
The EU-ABC is pleased to announce the 5th ASEAN-EU Business Summit, organised in collaboration with European Chamber of Commerce in the Philippines and the ASEAN Business Advisory Council.
The 2017 ASEAN-EU Business Summit will be held in the Philippines and it will take place in parallel to the ASEAN Economic Ministers Meeting and the EU-ASEAN dialogue session between Commissioner Malmström and her ASEAN counterparts. Over 300 delegates are expected to attend, representing political and business interests from Europe and Southeast Asia.
The Summit will consist of presentations from high ranking government representatives and from prominent businessmen. Additionally, there will be a series of panel discussions covering various sectors of industry. The Summit Lunch and the Summit Cocktail Reception will give sponsors extensive exposure to a very attractive and senior audience.
EU-ABC Publishes 2016 Business Sentiment Survey: European businesses planning expansion in ASEAN, confident of profit outlook
European businesses are planning to expand their investment and operations in ASEAN as the region grows in global importance and ASEAN profits increase, according to the second annual EU-ASEAN Business Sentiment Survey, published on 1st September by the EU-ASEAN Business Council.
Commenting on the Survey, EU-ABC Chairman, Donald Kanak said: “It is clear that European businesses are optimistic and are investing for future growth in ASEAN. At a challenging time for the global economy, South East Asia is an economic bright spot and European companies are keen to invest in the region’s rapidly developing consumer market and increasingly integrated production base. The survey shows strong support for a substantive and meaningful EU-ASEAN FTA to support sustained European investment in the region, and the EU-ASEAN Business Council urges leaders from the EU and ASEAN to work together toward that end, and in the meantime the rapid conclusion of bilateral FTA negotiations between the EU and ASEAN Member States.”
EU-ABC Meets ASEAN Finance Ministers & Central Bank Governors - Launches Papers on Insurance and Customs Issues
On 4th April in Vientiane the EU-ASEAN Business Council met ASEAN Finance Ministers and Central Bank Governors to discuss a number of issues connected to trade facilitation and liberalisation of financial services in South East Asia.
The EU-ABC delegation in particular raised issues connected with the liberalisation of the insurance market in ASEAN and moves to increase insurance penetration and coverage across the region as well improve financial inclusion and literacy rates. It published a paper, Partnering with ASEAN to Close the Insurance Protection Gap, and had an in depth discussion on the topics raised in the paper. A copy of the press release that accompanied the paper launch can be found here.
Additionally the EU-ABC took time to raise with the Ministers a number of trade and custom facilitation issues, making several short-term and medium-term recommendations that, if implemented, would in particular help ASEAN SMEs trade across borders and ease the flow of goods in the region. A paper, Customs and Trade Facilitation in ASEAN, was also released. A copy of the press release related to this paper can be found here.