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  November - December 2009


Tribute to His Majesty King Bhumibol Adulyadej of Thailand,
the world’s longest reigning monarch. Blessed are all Thais to have a King of sincerity, compassion and plain common sense. For all those who respect His Majesty for his integrity, it was an immense relief and joy to learn that the great monarch is convalescing from his recent illness. In this humble tribute, commemorating His Majesty’s 82nd Birthday, AseanAffairs presents a snapshot of His Majesty’s life and works.

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A Two-Way Street
Dr. Monika Stark,
Executive Member of the Board,
German Asia-Pacific Business Association


Q:  What is your association’s role in promoting cooperation between Germany and Asean businesses?

A:  OAV works on bilateral business relations between Germany and the Asia-Pacific for more than hundred years already. Our core business is to provide German companies with information and background evaluations for their activities in the region and of course to motivate new companies to assess the Asian markets. We understand ourselves as a pathfinder and pioneer - covering the small and less developed markets as well as the economic heavyweights in the Asia-Pacific. While we are not actively involved in incoming business from Asia, for which excellent services are provided by other institutions, we see German-Asian relations as a two way street and work in favour of incoming investments. Mutually benefitial partnership and exchange will be the focus of the forthcoming Asia Pacific Conference of German business to be held in Singapore in may 2010, organized by the Asia-Pacific Committee of German Business and the German Federal Ministry of Economics. For the first time this high level conference will be organized as a platform for dialogue with our Asian partners - and Asean will be the conference focus. We hope to welcome many companies from the Asean at this high profile event.

Q:  How would your association help German businesses looking to invest in Asean while they cannot expect any support from the EU-Asean FTA as the talks has been stalled?

A:  While an EU- Asean FTA would be an important political signal, we do not expect a general direct negative impact on German FDI from the fact that talks have been suspended. The German automotive industry may reconsider investment plans if a level playing field with investors from other Asian markets cannot be established. But in general, regional co-operation within Asean and with further partners in the region plays a far more decisive role as it increases the market potentials for an investor. The Asean Investment Area is decisive in this respect as well as FTAs with the East Asian neighbours. We provide our member companies with information on these developments and with analysis on the best way to benefit from these arrangements.

Q: How would OAV help push for a breakthrough in EU-Asean talks?   .... Read the Complete Article Subscribe to ASEANAFFAIRS Magazine

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