(Washington, DC) With Vietnam's recent achievement of Permanent Normal Trade Relations with the United States and the subsequent accession to the World Trade Organization, President of Vietnam H.E. Nguyen Minh Triet visits the U.S. for a week long tour. The US-ASEAN Business Council together with the US Chamber of Commerce is privileged to host President Triet and his delegation for a luncheon in Washington, DC, on Thursday, June 21st. The luncheon will be attended by 400 people from the government, diplomatic, think-tank, and media communities.
(Bandung, Indonesia) The US-ASEAN Business Council held its 11th annual consultation with the ASEAN Customs Directors-General (DGs) in Bandung, Indonesia last week. Members of the Council delegation, which included senior representatives from IBM, Levi Strauss & Co and Kraft Foods Asia, made a series of presentations at the session covering issues related to Supply Chain Security, ASEAN Single Window and other customs related issues. The delegation was led by Andrew Jackson, Chairman of the Council’s Customs Working Group.
(Phnom Penh) The US-ASEAN Business Council is leading a delegation of US businesses to Cambodia. The most recent visit to Cambodia by the Council was a small Mission in 2005. The number of participating companies has increased for this current Mission, reflecting the increased interest in Cambodia by the business community.
“Our delegation is here to deepen existing economic ties between the US and Cambodia and to explore new opportunities. We know Cambodia is experiencing unprecedented growth. We believe our corporations bring the wherewithal to help sustain the growth in ways that will strengthen Cambodia,” said Frances Zwenig, Counselor of the Council, who leads the delegation of nine executives of ConocoPhillips, General Electric Company, Federal Express, ITT Defense and Oracle.
(Washington, DC) Asia Society Washington Center and the US-ASEAN Business Council celebrate the Association of Southeast Asian Nations (ASEAN)'s 40th anniversary with a gala dinner in Washington, featuring Secretary of Commerce Carlos Gutierrez delivering the welcome remarks and Prime Minister Lee Hsien Loong of Singapore delivering the keynote address. The dinner will be attended by 300 people from the government, diplomatic, think-tank, and media communities.
"ASEAN is vital for the United States, both economically and politically. Many people do not realize that ASEAN is the third largest overseas market for US exports, surpassing China. Trade between US and ASEAN reached $169 billion in 2006 and the region hosts more than $80 billion of US direct investment," said Matthew Daley, President of the US-ASEAN Business Council.
(Hanoi) The US-ASEAN Business Council is bringing a delegation of US businesses on a two day mission to Hanoi May 2-4, with a strong signal of confidence and support in the country. The mission consisted of 34 representatives from 18 companies and is led by the Council’s Counselor Frances Zwenig.
"This large delegation of 18 major US corporations -- the first since Permanent Normal Trade Relations were established between the US and Vietnam -- is living proof of the strong economic potential of Vietnam. We are here to explore new investment opportunities and to deepen already existing trade and investment relationships”, said Frances Zwenig.
(Washington, DC) "Deputy Prime Minister Pham Gia Khiem's visit here so soon after Vietnam's accession to the World Trade Organization (WTO) shows the importance Vietnam and the United States place on the relationship," said Matthew Daley, President, US-ASEAN Business Council to an audience of 150 of leading US business people today in Washington.
The US-ASEAN Business Council hosted the luncheon for Deputy Prime Minister Khiem with an audience of 150 government and private sector leaders. This is the first visit by a high ranking Vietnamese official since their accession to the WTO and the passage of Permanent Normal Trade Relations legislation by the United States last year. Deputy Prime Minister Khiem is in Washington in advance of the trip of President Nguyen Minh Triet later this year.
(Manila) A US business delegation from the US-ASEAN Business Council and the US-Philippines Business Council concluded its two day business mission in the Philippines with a strong signal of confidence and support in the country. The mission consisted of 14 representatives from nine companies and was led by Council President Matthew Daley and Robert Driscoll, Senior Vice President of Mirant Corporation and Chairman of US-Philippines Business Council.
"Our mission is a show of commitment by US businesses in the Philippines. The economy is clearly improving and we're here to reaffirm our support and explore policies to enhance the competitiveness of the Philippines", said Matthew Daley.
(Singapore) 8 November, 2006: A major delegation of US companies are in Singapore this week to reaffirm its strong commitment to Singapore, dialogue with the government, and to explore new investment opportunities in the country, and on a regional level. The US-ASEAN Business Council's 15-member delegation was led by Kristin Paulson, President - South Asia Pacific, United Technologies International Operations, and Matthew Daley, President of the US-ASEAN Business Council.
"As the ASEAN region becomes more visible and plays an increasingly important role in US business operations, the ability for American companies to invest in Singapore and use it as a regional hub for their operations becomes increasingly important," said Ms. Paulson. "Singapore continues to serve as a vital link for U.S. business interests within the country and into the region."
(Jakarta) American Information and Communications Technology (ICT) Companies concluded a two-day ICT business mission to Indonesia with an ICT workshop to explore best practices and policies for Indonesia to harness ICT as a means to enable growth.
The workshop was attended by approximately 130 government officials from relevant ministries and departments, members of the House of Representatives, academia, business and media.
(Kuala Lumpur, Malaysia) The US-ASEAN Business Council met with the ASEAN Economic Ministers (AEM) yesterday to discuss trade and investment issues both as they relate to ASEAN integration and individual economy business environments. Led by Council Senior Vice President Walter Lohman, the delegation included senior executives from The Boeing Company, Cargill Inc., General Electric, Merck and Co. Inc., Oracle Corporation, PricewaterhouseCoopers, UPS and Yum! Brands, Inc.