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Showing posts with the label Pakistan- East Asia Relations

Pakistan Falls Behind in East Asia ( Source- The Diplomat / Author- Ahmad Rashid Malik)

Image credits- ASEAN Source- The Diplomat Author- Ahmad Rashid Malik Meeting with envoys from the Association of South East Asian Nations (ASEAN) (namely Malaysia, Indonesia, Vietnam, Philippines, Brunei, and Myanmar) in Aiwan-e-Sadr on April 19, Pakistani President Mamnoon Hussain expressed his desire to boost relations with ASEAN. He specifically mentioned Pakistan’s intention to seek a Full Dialogue Partnership (FDP) with the organization, which aims at strengthening political, trade, and economic ties with ASEAN member states. He admitted that Pakistan’s trade with ASEAN is well below its potential. ASEAN is a promising area for trade, investment, and connectivity. In terms of trade potential, ASEAN is the seventh largest trading area in the world. The combined GDP of the ten ASEAN nations is over $2.4 trillion. It is a hub for regional trade and manufacturing activities and is emerging as one of the fastest growing consumer markets in the world. As the region see