NICLAS KVARNSTRÖM
Driving commercial and political engagement between Asia, the Middle East and Europe
Driving commercial and political engagement between Asia, the Middle East and Europe
Driving commercial and political engagement between Asia, the Middle East and Europe
The Middle East Pivot to Asia 2023 report presents Asia House’s latest research on trade and investment trends between the Gulf and Asia.
Produced by the Asia House Research and Advisory team and sponsored by HSBC, the report aims to help business leaders and policymakers better understand this pivotal shift in global trade, which will have far-reaching economic and geopolitical implications.
Following the release of new draft regulations on data transfer by the Cyberspace Administration of China, Zhouchen Mao, Head of Research and Advisor, takes stock of the new rules and implications.
The race is on: Southeast Asia’s largest economy is going to polls this February. With current Indonesian President Joko Widodo constitutionally barred from running a third term, businesses are closely watching the presidential race for insights into the country’s future economic trajectory.
Key issues on the radar include the candidates’ approach to infrastructure projects and investment incentives. Additionally, the candidates’ stances on foreign policy and strategies for energy transition are of paramount interest to both domestic and international business communities.
The renminbi’s (RMB) share of global trade finance is likely to continue to grow, notwithstanding the uncertainties in China’s growth outlook. Previous Asia House research highlighted macroeconomic and digital tipping points that could drive RMB internationalisation particularly in trade finance. The RMB share of global trade finance has now overtaken the euro’s share. RMB now accounts for nearly 6 per cent of trade settlement, a near-tripling from September 2020. It has now overtaken the euro share of 5.3 per cent.
Niclas Kvarnström, the newly appointed Managing Director for Asia and the Pacific at the European External Action Service (EEAS), will brief Asia House Corporate Members on the European Union’s diplomatic and strategic approach to Asia at an off-the-record digital briefing on Tuesday, 16 January.
Kurt Vandenberghe, Director-General of DG CLIMA, European Commission, will brief Asia House Corporate Members on the EU’s sustainability and climate change agenda, at an off-the-record digital briefing on Tuesday, 12 March.
Catherine West MP, UK Shadow Foreign Minister (Asia and the Pacific), will brief Asia House Corporate Members on the Labour Party’s China and broader Indo-Pacific strategy, at an off-the-record in-person briefing on Wednesday, 13 March at Asia House in London.
Asia House’s research report, The Middle East Pivot to Asia 2023 explores key economic trends emerging between the Gulf and Asia. As part of the research, Freddie Neve, Senior Middle East Associate at Asia House, spoke to HE Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, to discuss growing trade between the UAE and Asia.
The Middle East Pivot to Asia 2023 report presents Asia House’s latest research on trade and investment trends between the Gulf and Asia.
Produced by the Asia House Research and Advisory team and sponsored by HSBC, the report aims to help business leaders and policymakers better understand this pivotal shift in global trade, which will have far-reaching economic and geopolitical implications.
Collaboration and a unified approach across the UK government was central to an Asia House Corporate Members briefing with The Rt Hon Anne-Marie Trevelyan MP, Minister of State (Indo-Pacific) at the Foreign, Commonwealth and Development Office (FCDO), on Monday, 27 November.
)
