US-ABC Applauds U.S. House Passage of Southeast Asia Strategy Act

The US-ASEAN Business Council commends the House of Representatives on passing the Southeast Asia Strategy Act. The bill directs the State Department to develop a comprehensive strategy for engaging ASEAN across multiple dimensions, from trade and investment flows to diplomatic and security arrangements. Representative Joaquin Castro and Representative Ann Wagner, the co-chairs and co-founders of the Congressional Caucus on ASEAN, authored the measure.

As the 5th largest economy in the world supporting over half a million U.S. jobs, ASEAN matters for America,” said Alexander Feldman, Chairman, President & CEO of the US-ASEAN Business Council. “We thank Representatives Castro and Wagner for championing U.S.-ASEAN relations in the House and hope the Senate moves on this bill to illustrate the strong commitment of the United States to our friends and partners in the region.”

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For over 35 years, the US-ASEAN Business Council has been the premier advocacy organization for US corporations operating within the dynamic Association of Southeast Asian Nations (ASEAN). Worldwide, the Council's membership, more than 160 companies, generate over $6 trillion in revenue and employ more than 13 million people globally. Members include the largest US companies conducting business in ASEAN, and range from newcomers to the region to companies that have been working in Southeast Asia for over 100 years. The Council has offices in: Washington, DC; New York, NY; Bangkok, Thailand; Hanoi, Vietnam; Jakarta, Indonesia; Kuala Lumpur, Malaysia; Manila, Philippines; and Singapore.