‘Develop own consumer markets’


Asean united: (From ninth right) Liew, Asean Economic Community deputy secretary-general Satvinder Singh, Chan and Bernama chairman Datuk Seri Wong Chun Wai. Also present were (from tenth left) the Philippines’ Undersecretary for Industry Development and Trade Policy Dr Ceferino S. Rodolfo, Nurlin Salleh from BCG Consulting and Ng at the Asean Economic Opinion Leaders Conference: Outlook for 2025. — AZHAR MAHFOF/The Star

KUALA LUMPUR: Asian economies have to move away from a heavy reliance on the United States as an export market for their products, says Deputy Investment, Trade and Industry Minister Liew Chin Tong

He advocates that these economies create their own consumer markets, especially within Asean, instead of depending on the United States as their export destination of first and last resort.

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