Expanding relations with Southeast Asia can open new markets for the city’s firms, deepen the talent pool and promote greater understanding
Taken together, the countries of the Association of Southeast Asian Nations (Asean) make up the world’s fifth-largest economy and have strong cultural and economic ties with Hong Kong, so the importance of the grouping is obvious.
Since taking office, Lee has undertaken several high-profile trips to the region, visiting seven of the 11 Asean member states. Thirteen minister-level visits have taken place in the same period, attesting to the high level of intergovernmental ties.