Trump absent, ASEAN charts path for trade bloc led by China
NONTHABURI, Thailand Southeast Asian leaders agreed Sunday to work with China and other neighbors to transcend conflicts over trade policies and territorial disputes for the sake of stronger economies and regional stability.
President Donald Trump skipped the summit of the Association of Southeast Asian Nations and instead sent his national security adviser, Robert OBrien. Last year, Trump sent Vice President Mike Pence. Both now are busy campaigning back home, and analysts say their absence left room for China to further raise its profile and clout in the region.
ASEAN leaders welcomed the conclusion of the Regional Comprehensive Economic Partnership negotiations and the commitment to sign the free trade deal next year, the summits host, Thai Prime Minister Prayuth Chan-ocha, said in a statement on behalf of the 10-nation regional bloc after the annual meetings.
This will significantly contribute to an open, inclusive and rules-based international trading system and expansion of value chains, the leaders said.
https://www.heraldnet.com/business/trump-absent-asean-charts-path-for-trade-bloc-led-by-china/?utm_source=DAILY+HERALD&utm_campaign=9d42f14205-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_d81d073bb4-9d42f14205-228635337
Tired of winning yet.