UK and ASEAN Release Joint Statement on Future Cooperation
The United Kingdom and the Association of Southeast Asian Nations released a joint statement on the future of economic cooperation between the two sides. The Sept. 15 statement includes commitments on various categories including COVID-19 economic recovery, U.K.-ASEAN supply chains, regulatory practices, digital innovation, financial services, sustainable growth, infrastructure, skills and education, small and medium enterprises, women's economic empowerment and public-private sector partnerships. The U.K. and ASEAN largely used the document to itemize many of the current efforts taken to increase economic cooperation between the two parties and to make general pledges for future cooperation.
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“Looking ahead, ASEAN and the UK will continue to work together to strengthen supply chains in sectors of mutual interest, through, but not limited to, the implementation of regulations on competition, consumer protection, intellectual property, trade facilitation, and standards on testing, inspections and certifications,” the statement said in its section on supply chains. “We look forward to working together to share expertise and think innovatively to further encourage and increase the adoption of digital solutions to address these shared challenges.”