About the ASEAN Institute
The ASEAN Institute facilitates international and intergovernmental trade collaborations in the niches of technology, energy, and infrastructure in the ASEAN trade bloc nations of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The primary strategies that we facilitate are intended to open up productive channels for communication, technology transfer, and international trade and include:
- Promotion of ASEAN as a favorable investment destination by highlighting the advantages of investing in their economies, such as the growing middle class, low labor costs, and favorable government policies.
- Fostering business-friendly regulations and policies to reduce bureaucracy, improve the ease of doing business, and create a more predictable and stable business environment.
- Promoting trade and investment liberalization to increase trade flows and investment.
- Promoting regional integration, including the harmonization of trade policies and regulations, to create a single market and production base.
- Expanding market access for American companies in key sectors, such as technology, finance, and healthcare.
- Fostering innovation and technology transfer from European and American companies to local firms.
- Strengthening intellectual property protection laws and enforcement to protect the rights of American companies.
- Encouraging cross-border collaboration between American companies and local firms to spur innovation and growth.
- Providing investment incentives to American companies, including tax breaks and subsidies, to attract investment and encourage growth.
By working together, ASEAN countries and Western companies can create a win-win situation and foster economic growth and development. The ASEAN Institute is dedicated to cultivating relationships between stakeholders to accelerate meaningful collaborations that offer long-lasting substance and elevated economic results.