Sign up | Log in



Home  >>  Daily News  >>  ASEAN ANALYSIS


Asean Affairs  10 May 2011

EU and Asean trade ties increase

By  David Swartzemtruber

AseanAffairs     10 May 2011

Related Stories

May 9,2011
Asean Summit-a mixed bag

May 8,2011

May 6,2011
Myanmar again troubles Asean

May 5,2011
Thai general election nears (probably)

May 4,2011
Issues facing Asean

May 3,2011
Asean election season begins in Singapore

Today in Brussels the third round of negotiations between Malaysia and the European Union (EU) begins with the expectation that the FTA would be signed in mid-2012.

The EU was the largest trading partner for Asean in 2009. The total trade between the two groupings was US$171.8 billion or 11.2 percent of their total bilateral trade, and EU was also the major source of investments in Asean.

Preceding the trade talks in Brussels, Malaysian International Trade and Industry Minister Datuk Seri Mustapa Mohamed issued a call for European firms to establish their production bases in Asean. Earlier this year Germany’s Volkswagen announced it would be manufacturing Volkswagen cars in Pekan, Pahang, Malaysia, for the Asean region as the best example of a single production base by a European company. More recently, Volkswagen announced it also plans to produce some models in Indonesia.

Among the industries that Malaysia was keen to attract from European countries were oil and gas, chemical, high-end electrical and electronics and knowledge-based activities, according to the Malaysian trade minister.

Asean faces stiff competition from China in attracting EU investors, however, that could be offset by advantages in logistics and the arrival of the Asean Economic Community in 2015 and its market of 600 million. The geographic placement of Asean between China and India is also a plus.

Another advantage is that several of the Asean countries have a more youthful population than China. China’s graying population will become a larger problem sooner rather than later.

Expect more trade offensives from Asean and its member states as the 2015 and the start-up of the AEC approaches as Asean countries begin to become accustomed to their new role in the global economy.

Paul A. Ebeling, Jnr

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    10  May 2011 Subsribe Now !
 • Ministers agree on border observers Subcribe: Asean Affairs Global Magazine
• Pertamina bids $3.5 billion for Exxon’s Angola stake Asean Affairs Premium
• Indonesia promises incentives for energy investors
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Malaysia’s foreign reserves peak
• A religious row in Malaysia

• Asean open to Myanmar leadership, BUT

• Corruption in Philippines Customs?

• Firms in Vietnam defy dollar rules p

Asean Analysis    10  May 2011

Advertise Your Brand
• EU and Asean trade ties increase Sponsor Our Events

Asean Stock Watch    10  May 2011

• Asean Stock Watch-May 10 p

Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand