KUALA LUMPUR–A regional association of Southeast Asian nations held a summit Tuesday with China and six Persian Gulf countries in efforts to expand economic engagement and bolster resilience amid global trade volatility due to U.S. tariff hikes.
Malaysian Prime Minister Anwar Ibrahim, in his opening remarks, said the inaugural summit in Malaysia’s capital Kuala Lumpur would open up a new chapter of cooperation.
The 10-member Association of Southeast Asian Nations, the Gulf Cooperation Council and China have a combined GDP of nearly $25 trillion and a market of over 2 billion people, offering vast opportunities to promote…