Asean turns to business councils

Leading the way: Amir Hamzah (left) and Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour co-chairing the 12th Asean Finance Ministers’ and Central Bank Governors’ Meeting at the Kuala Lumpur Convention Centre. — Bernama

KUALA LUMPUR: Amid the US tariff woes, Asean looks to foreign business councils for stronger cooperation and to help be their voice when dealing with their respective governments.

A series of meetings were held – the US-Asean Business Council (USABC), EU-Asean Business Coun­cil (EU-ABC) and Asean Business Advisory Council (Asean-BAC) on the sidelines of the 12th Asean Finance Ministers’ and Central Bank Governors’ Meeting.