European Optimism for ASEAN Soars, But Major Concerns Still In Play

Enterprise Explores

European companies are increasingly eyeing ASEAN as their next major growth market. In this episode of Enterprise Explores, we dive into EU-ASEAN trade dynamics — what’s fueling optimism but also what could hold things back.

With insights from the 10th annual EU-ASEAN Business Sentiment Survey, we speak with Chris Humphrey, Executive Director of the EU-ASEAN Business Council, to unpack why European firms are bullish on ASEAN’s economic potential, the barriers to further investment, and the strategic opportunities in the region.

Key Areas of Conversation:

- What’s driving European businesses to boost trade and investment in ASEAN.

- The inefficiencies in regional supply chains and how ASEAN can improve infrastructure.

- The impact of the lack of a region-to-region Free Trade Agreement (FTA) between the EU and ASEAN.

- How European firms are navigating challenges like non-tariff barriers and digital economy regulations.

- The role of sustainability, the European Green Deal, and the Carbon Border Adjustment Mechanism (CBAM) in shaping EU-ASEAN relations.

Tune in to discover what’s on the horizon for EU-ASEAN business relations and how Southeast Asia is positioning itself as a top destination for European trade and investment.
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