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(Bangkok) Against a backdrop of robust economic growth in Thailand, a major delegation of U.S. companies organized by the US-ASEAN Business Council concluded a 3-day Business Mission to Bangkok today. Delegates from 22 leading U.S. companies met with a range of government officials, concluding Friday afternoon with a productive discussion with Prime Minister Abhisit Vejjajiva. The mission was co-led by Council Vice-President Marc Mealy and Laura Hudson of Chevron, Chair of the Council's Thailand Committee.
(Bangkok) Against a backdrop of robust economic growth in Thailand, a major delegation of U.S. companies organized by the US-ASEAN Business Council concluded a 3-day Business Mission to Bangkok today. Delegates from 22 leading U.S. companies met with a range of government officials, concluding Friday afternoon with a productive discussion with Prime Minister Abhisit Vejjajiva. The mission was co-led by Council Vice-President Marc Mealy and Laura Hudson of Chevron, Chair of the Council's Thailand Committee.
(Phuket, Thailand) The US-ASEAN Business Council met with the ASEAN Customs Directors-General on June 11 to discuss non-trade barriers and customs regulatory issues impacting US companies in the region. The Council has been engaged in a consultation with the Directors-General for the past fourteen years, and places high value in the consultations. Led by the Council's Customs Working Group Chairman, Andrew Jackson of IBM, the Council delegation included senior executives from Guardian Industries, IBM, Oracle Corporation, Philip Morris Asia, PricewaterhouseCoopers and Unisys.
(Hanoi) Potential partnerships between the government of Vietnam and major U.S. Companies to improve and expand Vietnam's infrastructure were a major theme of discussion this week between a US-ASEAN Business Council delegation and Vietnamese government ministers. The Council's visit marked a continuation of discussion begun during Prime Minister Dung's April visit to the U.S.The delegation of senior executives from 22 leading firms was co-led by Council President Alexander Feldman, Stuart Dean of General Electric, Chairman of the Council's Vietnam Committee, and Kathryn McGill of ConocoPhillips, Vice Chairman of the Council's Vietnam Committee.
(Nha Trang) A US-ASEAN Business Council delegation of executives from leading U.S. will visit Hanoi this week to meet with government ministers. The delegation was led by Council President Alexander Feldman, Stuart Dean of General Electric, Chairman of the Council's Vietnam Committee, and Kathryn McGill of ConocoPhillips, Vice Chairman of the Council's Vietnam Committe.
(Seattle) A delegation including Trade Ministers from 5 Southeast Asian nations began a week-long visit to the United States today. At the invitation of the US-ASEAN Business Council and the United States Trade Representative the delegation will visit Seattle and Washington D.C. to promote Southeast Asia’s growing importance at the crossroads of global trade and investment and the focal point of developing regional architecture in Southeast Asia. By 2015, the 10 nations of ASEAN [The Association of Southeast Asian Nations] aim to establish a European-Union style single market economic community welding these 10 countries together into a single economy of nearly 600 million consumers with a collective GDP that will have surpassed $1.5 trillion dollars. The delegation will seek to showcase opportunities for American business both large and small in the growing markets of Southeast Asia.
(Nha Trang) A US-ASEAN Business Council delegation of executives from leading U.S. financial firms met today with the ASEAN Finance Ministers in Nha Trang, Vietnam. The delegates engaged the Ministers to further strengthen cooperation in the region and also discuss opportunities for U.S. investment in ASEAN’s infrastructure. The delegation was led by Council President Alexander Feldman and Dave Wolf, President, ACE Life, and Chairman of the Council’s Financial Services Working Group.
(Jakarta) The US-ASEAN Business Council applauds the launch today of Indonesia's “National Single Window”, a program that will streamline the nation’s customs process and dramatically reduce the time it takes for containers to clear customs.
A container currently arriving in Indonesia generally requires between five and six days to be cleared by Indonesian customs. The new rules will reduce this time to potentially a matter of hours by creating a “one point, one time” system for data submission and reducing the number of steps needed for customs clearance.
“This new program will insure goods reach Indonesian businesses and consumers more efficiently,” says US-ASEAN Business Council President Alex Feldman. “Better customs processes will increase trade and create jobs on both sides of the Pacific.”
(Jakarta) The US-ASEAN Business Council completed a four-day business mission to Indonesia today. The delegation was composed of 62 executives from 27 leading American companies. The visit came at an historic moment in the relationship between Indonesia and the United States in the lead-up to President Obama’s visit later this year. In response to the key priorities of the Indonesian government, outlined by H.E. Vice President Boediono and others, the Council announced its launch of an infrastructure working group.
(Washington, D.C.) The US-ASEAN Business Council presented its first Lifetime Achievement Award to Minister Mentor Lee Kuan Yew of Singapore during a black-tie celebration of the Council's 25th anniversary held at the Mandarin Oriental hotel in Washington, D.C. this evening. Luminaries from the foreign policy, government, academic, and business communities gathered to honor both the Council and Minister Mentor Lee on their achievements. Speakers included former U.S. Secretaries of State Dr. Henry Kissinger and Dr. George P. Shultz, United Technologies Chairman George David, Senator Jim Webb, Chairman of the Subcommittee on East Asian and Pacific Affairs on the Foreign Relations Committee, and Assistant Secretary of State for East Asian and Pacific Affairs Kurt M. Campbell. Former U.S. Presidents Bill Clinton and George H.W. Bush added their congratulations to the Council and Minister Mentor Lee via video.