Why US should now take centre stage on Asean
Sathish Govind
The US appears to be taking a backseat in world affairs with President Trump declaring that as a nation, it is not going to allow itself to be exploited.
Top business, policy and economic experts assess and analyse critical issues
The US appears to be taking a backseat in world affairs with President Trump declaring that as a nation, it is not going to allow itself to be exploited.
The extended trade war between the US and China is likely to deal a blow to the world economy particularly the Chinese economy but it is set to be a boon to the Asean region.
Within the context of looming economic pressures by the EU, analysts have drawn quick conclusions that Cambodia’s economy is going to collapse.
Territorial disputes, diverse value systems, strategic mistrust among Mekong countries, and strategic competition between external powers for influence in the region has failed to unleash the full potential of the 15 Mekong River mechanisms.
Multinational corporations, with their global advantage and financial heft, could potentially gobble up the market share of Asean SMEs unless a regional bank steps into the picture.