AGP Executive Report
Last update: 3 hours agoASEAN Integration: Timor-Leste is expected to feature in leaders’ discussions at the Manila summit, including its integration into ASEAN and its ambition to chair the bloc by 2029. The Nov. 15–18 gathering will also bring leaders together with business representatives. Offshore Investment: Singapore’s PaxOcean is reportedly the leading bidder to refurbish the Petrojarl I vessel for Finder Energy’s Kuda Tasi and Jahal project off Timor-Leste. Finder’s final investment decision has been delayed to Nov. 30, with the contract expected afterward. Korea Partnership: South Korea agreed to support Timor-Leste’s economic and social development, deepen cooperation across sectors and establish a first high-level diplomatic channel. Climate Finance: Timor-Leste climate envoy Adão Soares Barbosa urged countries to provide financial support for a proposed 2035 electrification target, saying lower-income nations lack the resources to meet it alone.
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