||Asean Affairs 14 June 2013
ASEAN Economic Ministers Roadshow Engages with U.S. Business
US-ASEAN BUSINESS COUNCIL, INC.
(Washington, D.C.) The 2nd US-ASEAN Economic Ministers (AEM) Roadshow concluded today with a gala dinner in Washington D.C. The Roadshow was organized by the US-ASEAN Business Council in cooperation with the United States Trade Representative, the U.S. Department of State, and the U.S. Department of Commerce, with the intention of raising awareness of the importance of ASEAN in the U.S. and exposing the AEM to investment and partnership opportunities with U.S. Business.
“ASEAN has risen to much greater prominence, both globally and in Washington, since the Roadshow was first proposed in 2009,” said Alexander Feldman, President of the US-ASEAN Business Council. “U.S. businesses have taken notice and today ASEAN hosts the largest U.S. Foreign Direct Investment commitment in Asia. The Roadshow aims to build on the momentum in the US-ASEAN relationship by helping the Ministers build real connections to U.S. businesses both large and small, and continuing to raise awareness of ASEAN in the U.S.“
During the visit, the delegation engaged a number of different industries, with discussions and site visits with global leaders in the knowledge economy. The delegation held discussions focused on creative industries and the media led by Newscorp and MPAA, medical device technology led by Covidien, high tech manufacturing led by the Semi-Conductor Industry Association, product manufacturing and standards harmonization led by Mattell, and ICT led by Google and Microsoft. The delegation also visited the Port of Los Angeles and discussed U.S. customs and port procedures.
The delegation also engaged local government during its stops in California, conducting dialouges with the Mayor of San Jose Chuck Reed among others. By engaging with local government and civic leaders, the Roadshow was able to raise awareness of ASEAN’s importance to the U.S. Exports to ASEAN already support almost half a million U.S. jobs, and these numbers will grow as ASEAN continues to integrate economically and expand its economies. US-ASEAN trade is up 60% since 2002, as ASEAN has risen to become the United States’ 5th largest trading partner and 4th largest export market.
The delegation was led by the representative of the ASEAN Chair Brunei, H.E. Pehin Lim, 2nd Minister of Foreign Affairs and Trade, and included H.E. Pan Sorasak, Vice Minister of Commerce of Cambodia, H.E. Bayu Khrisnamurti, Vice Minister of Trade of Indonesia, H.E. Dr. Nam Viyaketh, Minister of Industry and Commerce of Laos, H.E. Mustapa Mohamed, Minister of International Trade and Industry of Malaysia, H.E. Dr. Kan Zaw, Union Minister of National Planning and Economic Development of Myanmar, H.E. Ow Foong Pheng, Permanent Secretary of the Department of Trade and Industry of Singapore, H.E. Sin Kumpha, Vice Minsiter of Commerce of Thailand, H.E. Nguyen Cam Tu, Vice Minister of International Trade of Vietnam, and H.E. Lim Hong Hin, Deputy Secretary General of ASEAN.
The tour was led by the President of the US-ASEAN Business Council, Alexander Feldman, Acting Deputy Secretary of Commerce Patrick Gallagher, and Assistant USTR for Southeast Asia Barbara Weisel.
Council members which sponsored the tour and gala dinner included Covidien, Chevron, Philip Morris International, ACE, AIG, C.V. Starr & Co, The Coca-Cola Company, Fluor, Google, Mattel, Newscorp, P&G, and UL.