AGP Executive Report
Last update: an hour agoASEAN Leadership: Timor-Leste Prime Minister Xanana Gusmão arrived in Manila for the regional summit, where officials announced the country will chair ASEAN in 2029 — its first time leading the bloc since joining in 2025. Investment Drive: Dili is seeking Malaysian investment in agriculture, tourism, infrastructure, energy, manufacturing and digital services, alongside financial-sector ties to expand access to credit. Digital Trade: ASEAN concluded a regionwide digital economy agreement covering digital trade, cross-border data and electronic payments; the pact is projected to help double the region’s digital economy to US$2 trillion by 2030. Energy Security: ASEAN is advancing a 2027 plan for countries to access shared oil and fuel reserves during supply disruptions, with storage hubs planned in Indonesia and Thailand. Business Infrastructure: South Korea will help Timor-Leste establish an intellectual property office, supporting the country’s institutional development.
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