ASEAN, China, and Gulf Cooperation Council Hold Trilateral Summit to Strengthen Economic Ties

KUALA LUMPUR, Malaysia โ€” The Association of Southeast Asian Nations (ASEAN) inaugurated a trilateral summit with China and the Gulf Cooperation Council (GCC) on May 27, 2025, aiming to strengthen economic cooperation amid escalating global trade tensions.

Malaysian Prime Minister Anwar Ibrahim highlighted the combined economic potential of ASEAN, GCC, and China, noting their collective GDP of nearly $25 trillion and a consumer base exceeding 2 billion people.

Chinese Premier Li Qiang emphasized the mutual benefits of enhanced economic ties and regional stability.

The GCC, comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, is already ASEANโ€™s seventh-largest trade partner, with trade totaling $130.7 billion in 2023.

This summit reflects China's strategic efforts to bolster alliances in the region amid its ongoing trade rivalry with the U.S.

The trilateral summit underscores the strategic importance of uniting ASEAN, China, and the GCC to enhance economic resilience and regional stability amid shifting global trade dynamics.

The summit's outcomes may have far-reaching implications for regional stability, economic growth, and the global trade landscape.

Tags: #asean, #china, #gcc, #economy, #trade



Sources

  1. ASEAN opens summit with Persian Gulf nations and China as US threatens tariffs
  2. China's premier calls for expanded trade ties with Malaysia
  3. ASEAN leaders call for Myanmar dialogue and ceasefire expansion

Global CEOs Forecast M&A Resurgence in 2025 Under Trump Administration

CEOs worldwide predict a significant increase in M&A activities in 2025, driven by Trump's re-election and anticipated pro-business policies.

#mergers, #acquisitions, #business, #economy, #policy

Massive Landslide Destroys Swiss Village: Birch Glacier Collapse a Climate Wake-Up Call

The Birch Glacier in Switzerland collapses, burying Blatten; climate change blamed for the disaster.

#climatechange, #switzerland, #glaciercollapse, #disaster

Myanmar Junta Imposes Martial Law Amid Intensifying Conflict

Myanmar declares martial law in 37 townships, escalating conflict with pro-democracy forces and alarming international observers.

#myanmar, #martiallaw, #junta, #democracy

Rising Child Labor Violations in the U.S.: A Growing Concern Amid Legislative Changes

Child labor violations rise amid relaxed laws in several U.S. states, sparking national debate over minors' welfare and economic needs.

#childlabor, #uspolicy, #lawmakers, #economy