UK-ASEAN Dialogue

Tuesday 13 October 2015

Agenda

 

 

Morning Session

08.00 – 08.30 – Registration of participants

08.30 – 08.35 – Welcome remarks by Michael Lawrence, CEO of Asia House

08. 35 – 09.00 – Keynote remarks by The Rt Hon Sajid Javid MP, Secretary of State for Business, Innovation and Skills

09.00 – 10.00 – ASEAN politics of uncertainty: What’s going to happen to AEC 2015?

The anticipated launch of the AEC by the end of the year promises to boost trade and investment. Growing political uncertainties and external pressures could undermine the confidence of consumers and investors and hamper growth. With impending elections in the Philippines and Myanmar, Thailand under military rule and recent political turmoil in Malaysia, this panel will explore the prospects for the AEC and the implications for business.

10.00 – 10.30 – Coffee break

10.30 – 11.15 – Developing ASEAN: Infrastructure financing opportunities 

Rapid growth and urbanisation means physical infrastructure is under tremendous strain across ASEAN. Infrastructure needs in the region are projected at US$60 billion a year until 2020. Governments across ASEAN have recognised the challenge and recently made efforts to attract and facilitate investment in this area. China’s “One Belt, One Road” initiative and the Asian Infrastructure Investment Bank (AIIB) could help bridge the infrastructure gap. This panel will discuss the investment opportunities and challenges in this sector.

11.15 – 12.00 – UK-ASEAN two-way investment

With favourable demographics and GDP growth rates, ASEAN has become an attractive destination for businesses worldwide. Yet, ASEAN is equally as exciting in terms of outward FDI. Countries across the region have become key players in the global investment. The UK already accounts for half of all investment from ASEAN into Europe, and as highlighted by the PM’s recent visit to South-East Asia, the drive for more inward investment from this region is accelerating. This session will discuss the outlook for strengthening bilateral investment ties between the two regions.

12.00 – Closing session remarks

12.15 – 13.45 – Networking lunch

 

Afternoon Session 

13.45 – 14.15 – Keynote remarks and launch of a Global Counsel report sponsored by Prudential Plc, entitled ‘ASEAN insurance markets: integration, regulation and trade’. 

14.15 – 15.00 – EU and ASEAN: Challenges and opportunities for financial services

ASEAN is expected to remain among the fastest growing regions, spurring a surge in demand for financial services. Financial integration, a strong complement to trade integration, will be critical to the success of the AEC. The growth potential in this sector presents UK financial services firms and EU policymakers with important decisions about their ambitions for the region. Discussions will look at the converging regulatory capacity across the region, the outlook for reform and the opportunities of a more integrated market. This panel will also see the launch of a Global Counsel report sponsored by Prudential Plc entitled ‘ASEAN insurance markets: integration, regulation and trade’, which examines the state of play of insurance services trade across the region’s main markets.

15.00 – Closing remarks by Richard Graham MP, Trade Envoy for the ASEAN Economic Community

*timings subject to change