DOWNLOAD OUR APP
IndiaOnline playstore
01:18 PM | Wed, 27 Jul 2016

Download Our Mobile App

Download Font

US to boost economic engagement with Asean

160 Days ago

asean 17216

Washington: US President Barack Obama has unveiled a new initiative to promote economic ties with members of the Association of Southeast Asian Nations (Asean).

The initiative, called US-Asean Connect, is designed to set up a network of hubs across the region to connect more entrepreneurs, investors and businesses between the two sides, Xinhua quoted Obama as saying on Tuesday.

"We agreed to do more together to encourage the entrepreneurship and innovation that are at the heart of modern competitive economies," Obama said.

Obama discussed the initiative with Asean leaders on Monday during a session on economic cooperation between the two sides.

In a joint statement issued after the meeting, the US and Asean countries stressed the importance of pursuing policies that foster innovation and entrepreneurship.

The gathering of the US and Asean leaders, the first of its kind on US soil, is part of Obama's efforts to deepen what he called a "strong and enduring partnership".

The two sides forged a strategic partnership in Kuala Lumpur in November last year.

Asean consists of 10 Southeastern Asian countries. As the region's economy grew, its interaction with world powers has also been increasing.  (IANS)

Viewed 71 times
  • SHARE THIS
  • TWEET THIS
  • SHARE THIS
  • E-mail
You might also want to read

Our Media Partners

app banner

REVOLUTIONARY ONE-STOP ALL-IN-1 MARKETING & BUSINESS SOLUTIONS

  • Digital Marketing
  • Website Designing
  • SMS Marketing
  • Catalogue Designing & Distribution
  • Branding
  • Offers Promotions
  • Manpower Hiring
  • Dealers
    Retail Shops
    Online Sellers

  • Distributors
    Wholesalers
    Manufacturers

  • Hotels
    Restaurants
    Entertainment

  • Doctors
    Chemists
    Hospitals

  • Agencies
    Brokers
    Consultants

  • Coaching Centres
    Hobby Classes
    Institutes

  • All types of
    Small & Medium
    Businesses

  • All types of
    Service
    Providers

FIND OUT MORE