ASEAN Urged to Adopt Bolder Economic Strategies Amidst Geopolitical Tensions

Kuala Lumpur, Malaysia – May 25, 2025. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz called for a shift in ASEAN's economic strategy during the 25th ASEAN Economic Community Council (AECC) meeting held in Kuala Lumpur today. He highlighted the growing geopolitical tensions and the impact of US tariffs on the region's trade and investment landscape. "ASEAN needs to break away from a business-as-usual approach," stated Minister Zafrul, emphasizing the need for "bolder, more agile, and forward-looking strategies." The meeting underscored the importance of maintaining ASEAN's centrality, non-alignment, and unity to navigate current and future challenges. The event concluded with a renewed commitment to safeguarding the region's socio-economic interests.