Many opportunities for Asean amidst US' tariff tantrum, says Asean-BAC head

HANOI (Bernama-VNA): South-East Asian countries can capitalise on the rollout of tariffs and other US policies by re-evaluating overlooked relations with other trade partners and opening their doors to international students.

The statement is according to Tan Sri Nazir Razak, Chairman of the Asean Business Advisory Council (Asean-BAC) - the Asean’s business lobby.

Vietnam News Agency (VNA) reported, Nazir, who leads the council during Malaysia’s Asean Chairmanship in 2025, emphasised the importance of strengthening intra-regional economic ties by boosting trade and investment within the Association of South-East Asian Nations (Asean).

He called for forging closer partnerships with other countries in the world such as China, India, and Japan.

The Asean-BAC head also proposed Asean and Japan collaborate in fields such as artificial intelligence and energy, as both have the potential to work together and build capacity in this area. - Bernama-VNA