KUALA LUMPUR, 12 March 2025 – Malaysia’s Minister of Investment, Trade, and Industry, Tengku Datuk Seri Zafrul Abdul Aziz, has emphasized the need for continued engagement between ASEAN and the United Kingdom to unlock greater business opportunities and drive economic growth across the region.
Strengthening ASEAN-UK Trade and Investment Relations
Speaking at the ASEAN-UK Business Forum 2025, Tengku Zafrul highlighted the importance of closer trade cooperation between ASEAN and the UK. He urged businesses to capitalize on bilateral trade agreements, investment opportunities, and technological partnerships to accelerate regional growth.
“The UK remains a key trading partner for ASEAN. Strengthening business ties will unlock new opportunities in digital economy, green technology, and manufacturing,” said Tengku Zafrul.
Key Sectors for ASEAN-UK Collaboration
Tengku Zafrul outlined key sectors where ASEAN and UK businesses can collaborate effectively:
- Digital Economy & E-Commerce – Enhancing cross-border trade through digital platforms and fintech innovations.
- Green Technology & Renewable Energy – Expanding clean energy initiatives and sustainability-focused investments.
- High-Value Manufacturing – Strengthening supply chains for automotive, aerospace, and industrial production.
- Education & Skills Development – Promoting knowledge exchange between universities and industries.
Boosting Investment Between the UK and Southeast Asia
The UK has increased its investments in Southeast Asia’s infrastructure, technology, and financial services. Tengku Zafrul urged businesses to leverage UK funding initiatives and ASEAN’s growing economic integration to expand cross-border ventures.
“As ASEAN strengthens its economic ties, we must ensure the UK remains an active partner in our regional growth strategy,” he added.
Malaysia’s Role in Advancing ASEAN UK Cooperation
Malaysia plays a crucial role as a regional trade hub, offering strategic advantages for UK investors entering the Southeast Asian market. Tengku Zafrul emphasized Malaysia’s business-friendly policies, infrastructure readiness, and strong trade networks as key advantages for fostering deeper UK partnerships.
What’s Next?
ASEAN and the UK will continue discussions on trade liberalization, investment facilitation, and policy alignment to strengthen economic ties. Future business forums and high-level trade dialogues are expected to accelerate collaboration in priority industries.
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