ASEAN Connectivity through Trade and Investment

The Association of Southeast Asian Nations (ASEAN) Connectivity through Trade and Investment is a five-year project of the United States Agency for International Development and the Department of State to increase U.S. economic engagement and cooperation with ASEAN countries. Asia is an increasingly inter-connected region and with the launch of the ASEAN Economic Community (AEC) in 2015, the U.S. government has aligned its development assistance priorities in support of regional integration.

Trade between the United States and ASEAN is estimated at $200 billion. The project encourages ASEAN to adopt free, transparent, sustainable and inclusive trade practices as it moves toward economic integration. This includes technical support for customs integration, trade and investment facilitation, small and medium-sized enterprises, clean and efficient energy, and information and communication technologies. These areas are also priorities under key U.S. strategic agreements and policies such as the ASEAN-U.S. Trade and Investment Framework Arrangement, Enhanced Economic Engagement Initiative and Enhanced Partnership Plan of Action.

Issuing Country 
Date 
Friday, November 21, 2014 - 2:45am