EU ready to upgrade ties with ASEAN to strategic partnership
Vice President of the European Union (EU) Federica Mogherini has affirmed that the EU stands ready to upgrade ties with ASEAN to the strategic partnership level.
EU Vice President Federica Mogherini (Source: VNA)
Hanoi (VNA)🐭 – Vice President of the European Union (EU) Federica Mogherini has affirmed that the EU stands ready to upgrade ties with ASEAN to the strategic partnership level.
The EU supports ASEAN’s development priorities, Mogherini, who is also EU High Representative for Foreign Affairs and Security Policy, said during a working session in Jakarta, Indonesia on April 9 with the ASEAN Secretariat.
The ASEAN Secretariat mentioned eight of its priorities, including launching the ASEAN Vision 2025, narrowing development gap, facilitating trade, developing small and medium-sized enterprises and tourism, promoting ASEAN connectivity, boosting job creation, and increasing regional collaboration to preserve and uphold ASEAN cultural heritages.
During the first year of the ASEAN Community, the bloc will strengthen links across three pillars while upholding its central role in maintaining regional peace and security, promoting dialogues and intensifying trust and understanding among countries, improving its capacity for dealing with challenges, and reinforcing ties with partners.
Mougherini also pledged her own efforts to back ASEAN in the foreseeable future.
While in Jakarta from April 8-9, she also held a meeting with permanent representative committees of the bloc.
In a recent interview granted to the Vietnam News Agency, Mougherini said her visit is to reaffirm commitments reached by the EU and ASEAN last year.
The EU and ASEAN are partners in ensuring regional security and stability, as well as in the fields of economy, trade and investment, she said, adding that both sides have committed to working closely together across the board.
The EU is currently the second largest trade partner of ASEAN. Last year, two-way trade hit 201 billion EUR, up 11 percent year-on-year.
During the 2014-2020 budget period, the EU committed 170 million EUR to ASEAN, compared to 70 million USD for 2007-2013.
Both sides partnered in coping with crisis and controlling disasters as well as held the second High-Level Dialogue on maritime security cooperation in Kuala Lumpur last May.-VNA
The ASEAN-EU Joint Cooperation Committee (JCC) held its 21st meeting in Jakarta, Indonesia on January 24, with the aim of discussing measures to enhance their cooperation and dialogue partnership in the time to come.
The European Union (EU) is looking into the possibility of expanding cooperation with the 10-member ASEAN in non-traditional security, notably the maritime field.
The High Representative of the European Union for Foreign Affairs and Security Policy, Federica Mogherini, and the European Commission have adopted the joint communication “The EU and ASEAN: a partnership with a strategic purpose”, which aims to take bilateral ties to the next level.
European Union (EU) foreign ministers have agreed that the union and the Association of Southeast Asian Nations (ASEAN) need to work together to move the relationship to a strategic level.
The free trade agreement being negotiated between Vietnam and the EU is expected to encourage businesses to reform and update technology, an important factor in promoting green growth in the country, according to the deputy chairman of the HCM City People's Committee.
Tat Thanh Cang, speaking at a briefing organised by EuroCham and its Green Growth Sector on June 18 in HCM City, said that Vietnam should target green growth to ensure sustainable development.
Representatives from ASEAN and the European Union (EU) reiterated their commitment to further strengthening the existing close trade and investment relations between the regions.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.
The facility was established in response to a growing shift in the Filipino labour force from the Middle East to Japan, where workers are seeking safer working environments.
In the latest Indonesia-US trade agreement in July, the US administration agreed to reduce the reciprocal tariff, which was initially set at 32% by US President Donald Trump last April, to 19%.
Real estate agency ERA Singapore estimated that there are 2,703 condo developments in Singapore today, of which 836 or 31% are at least 30 years old. In 10 years, this number is expected to climb to 1,160, assuming none is sold en bloc.
EU Vice President Federica Mogherini (Source: VNA)
