Facebook
Britain's News Portal
Around The Clock
BREAKING
Loading latest headlines…

UK-ASEAN trade exceeds £60 billion five years into partnership

The UK's partnership with ASEAN has seen two-way trade surpass £60 billion, five years after the UK became a dialogue partner.

  • Two-way trade between the UK and ASEAN now exceeds £60 billion.
  • The UK was the fourth largest investor in ASEAN in 2024.
  • The next ASEAN–UK Plan of Action for 2027 to 2031 is currently being developed.

Five years after the UK became a dialogue partner with ASEAN, the partnership has demonstrated its value, with two-way trade now exceeding £60 billion. The first ASEAN–UK Plan of Action has been delivered.

The UK was the fourth largest investor in ASEAN in 2024, reflecting confidence in the region's growth and stability. The UK's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) connects UK businesses to four ASEAN economies.

Looking ahead, the next ASEAN–UK Plan of Action for 2027 to 2031 is being developed. This plan aims to strengthen economic resilience, support small and medium-sized enterprises (SMEs), agree on rules for a digital economy, and mobilise green finance.

Related Articles

Get the news that matters.

Join thousands of readers getting the best of British news straight to their inbox.