ASEAN’s European Trade Relationsin the Wake of Brexit

Allison-Reumann, Laura

doi:10.1355/ae36-1h

Cited by 1 publication

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“…The initial reaction to the Brexit in 2016 in ASEAN was one of disappointment as there were concerns about EU-ASEAN free trade agreement, FDI investments and other bi-lateral and multilateral deals with countries and the regions [9]. These concerns stemmed from the notion that leaving the EU would slowdown trade due to tighter boarder inspections, higher shipping costs, taxation, shifting of distribution hubs from UK to another EU country, sterling devaluation to name just a few.…”

Section: Discussionmentioning

confidence: 99%

UK’s Post-Brexit Engagement with ASEAN: Issues and Opportunities

Kumar¹

2022

SAR Journal

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In 2020, the UK formally departed the EU after nearly four years of intense manoeuvring and discussions since the referendum. In the post-hegemonic regional world order, Brexit meant a rejection of supranationalism. Despite the UK's leaving, the EU remains a cohesive regional group. ASEAN is an intergovernmental organisation in which each member state maintains complete sovereignty. ASEAN's regionalism has risen from strength to strength in the previous half-century, with a vision of uniting this varied area into one of peace and prosperity. The EU is ASEAN's second-largest trading partner, accounting for over a quarter of all FDI inflows. It works with Southeast Asia on a multilateral and bilateral basis, depending on the needs of individual member states. Its previous multilateral involvement with ASEAN was managed through the EU. ASEAN, on the other hand, works with other countries as dialogue partners, sectoral partners, and development partners. Now the question is how Britain will engage with ASEAN. Brexit is expected to have global economic, social, and political ramifications. The article focuses on the consequences and potential orientations of the United Kingdom's post-Brexit relationship with ASEAN.

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Section: Discussionmentioning

confidence: 99%

UK’s Post-Brexit Engagement with ASEAN: Issues and Opportunities

Kumar¹

2022

SAR Journal

View full text Add to dashboard Cite

show abstract

ASEAN’s European Trade Relationsin the Wake of Brexit

Cited by 1 publication

References 0 publications

UK’s Post-Brexit Engagement with ASEAN: Issues and Opportunities

UK’s Post-Brexit Engagement with ASEAN: Issues and Opportunities

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