ASEAN Faces Critical Test Amid Global Economic Fragmentation, Experts Warn
• Southeast Asia's economic resilience is under pressure from a fragmented global economy, requiring deeper intra-regional integration, according to The Business Times analysis. • Key challenges include trade barriers and supply chain shifts, with ASEAN's intra-regional trade at just 25% of total commerce. • Strategic engagement with partners like the US, China, and EU is essential to mitigate deglobalization risks and sustain growth above 4.5% annually.
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