Bandar Seri Begawan - The US-Asean Business Council is looking forward to working with the Brunei Government on the Trans-Pacific Partnership (TPP) as well as on the preparation of the Asean Economic Community (AEC) which is set to be achieved by the end of 2015.
HANOI, March 13 — Vietnamese Deputy Prime Minister Vu Van Ninh met with President of the U.S.-ASEAN Business Council Alexander Feldman here on Wednesday.
At the reception, which was attended by representatives of 21 American businesses operating in Vietnam, the Vietnamese leader expressed his delight at the fine development of the all-sided cooperation between Vietnam and the United States, noting that there are more American firms to do business in the country.
SINGAPORE : Business representatives from the region are urging delegates at the ongoing 16th round of the Trans-Pacific Partnership (TPP) negotiations to bring talks to a substantive conclusion as soon as possible.
In a joint statement on Friday, ten business organisations from various APEC economies urged negotiators to show flexibility and narrow the range of differences.
Marc Mealy, Vice Chairman of the US-ASEAN Business Council, made the remarks at a seminar on Vietnam-bound investment in New York on March 5, with the participation of over 70 representatives from local companies, trade organizations and investment funds.
Back in 1967, during the height of the Vietnam War, five countries — Indonesia, Malaysia, Singapore, Thailand and the Philippines — quietly established the Association of Southeast Asian Nations (ASEAN) to boost its regional bargaining power. But it would be decades before the fledging trade bloc could pull any real economic muscle.
Evan G. Greenberg, chairman and CEO of ACE Limited, has assumed the chairmanship of the US-ASEAN Business Council starting this month. He will serve for a two-year term as chairman. Greenberg succeeded George Kirkland, executive vice president, Upstream and Gas, and vice chairman of the Board for the Chevron Corporation.
Serving a two-year term, Greenberg succeeds George Kirkland, executive vice president for upstream and gas, and vice chairman of the Board for the Chevron Corporation.
"I am pleased to assume the role as Chair of the Council Board," said Greenberg. "ASEAN is an important and dynamic part of the world. I look forward to working with the Council members toward our goal of supporting ASEAN economic development with greater US business presence, trade and investment."