IDXChannel - ASEAN Secretary-General Kao Kim Hourn participated in the 2nd ASEAN-Japan Economic Co-Creation Forum in Tokyo today (20/12/2024).
"Even amid complex geo-political tensions, global supply chain disruptions, and emerging megatrends, our bilateral trade and investment relations have demonstrated remarkable dynamism and resilience," Kao said in his speech.
Japan was ASEAN's fourth-largest trading partner and the fifth-largest foreign direct investment (FDI) source among its dialogue partners.
Bilateral trade reached over USD239 billion, while total FDI flows were valued at more than USD14 billion in 2023.
"These numbers are concrete and tangible," Kao said.
According to Kao, the growing economic synergy between Japan and ASEAN—representing the world's third and fifth largest economies, respectively—will drive transformative business collaboration among our businesses.