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Monday, December 23, 2024

Significance

Malaysia will take over the group’s annually rotating chairmanship from Laos at the start of next year. Anwar said he would have a team of advisers from fellow ASEAN countries.

Impacts

  • Malaysia will cultivate stronger ties with Russia and China in keeping with its non-aligned foreign policy.
  • ASEAN will target increased trade with India and the Middle East, partly to cushion itself from possible US protectionist measures.
  • Regional states will face pressure to crack down on transnational cyber-scam hubs.

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