Везде
US Policy towards ASEAN: the Impact on Regional Economic Relations
Table of contents
Annotation Estimate Publication content
References Comments
Share
QR
Metrics
US Policy towards ASEAN: the Impact on Regional Economic Relations
Annotation
PII
S207054760018969-2-
Publication type
Article
Status
Published
Authors
Ksenia Chudinova 
ORCID: 0000-0002-5557-8956
Occupation: Research Fellow
Affiliation: Primakov National Research Institute of World Economy and International Relations of the Russian Academy of Sciences
Address: Russian Federation, Moscow
Edition
Issue 1
Abstract

Cooperation with the Association of Southeast Asian Nations (ASEAN) is one of the important elements of the Biden administration’s Indo-Pacific strategy.

The United States plans to expand its participation and capital investment in infrastructure building in the region, in renewable energy sources and in new technologies development, especially digital commerce. However, since the United States is not a member of neither the CPTTP nor the RCEP, US companies may be at a disadvantage compared to those from other countries. At the same time, ASEAN economies are actively cooperating with the PRC, including cooperation within the framework of the Belt and Road and the Digital Silk Road project. One of the most important tasks of US economic diplomacy in the Asia Pacific is to create with allied countries a system of technological standards, as an alternative to the one lobbied by China.

The changing situation in the region provides many new opportunities for Russian enterprises. For example, Russian companies have the potential to cooperate with the ASEAN economies in the production and trade of science-intensive products.

 

Keywords
ASEAN, USA, trade, FDI, digital connectivity
Acknowledgment
The reported study was funded by RFBR, project number 20-014-00001А “Global and Regional Effects of US Economic Policy in the Second - the Beginning of the Third Decade of the XXI century: New Challenges and Chances for Russia”.
Received
03.12.2021
Date of publication
28.02.2022
Number of purchasers
13
Views
1460
Readers community rating
0.0 (0 votes)
Previous versions
S207054760018969-2-1 Дата внесения правок в статью - 28.02.2022
Cite Download pdf

References

1. Natsional'nye i mezhdunarodnye strategii na Indo-Tikhookeanskom prostranstve: analiz i prognoz / Pod red. V.V. Mikheeva, V.G. Shvydko. – M.: IMEhMO RAN, 2020.

2. Soobschestvo ASEAN v sovremennom mire: monografiya / G.M. Lokshin, E.V. Kobelev, V.M. Mazyrin. M.: ID «FORUM», 2019. 296 s. C.199-216;

3. Shastry V. FDI in the ASEAN States: The Engine that Roared. National Bureau of Asian Research. October 2021. Asia Policy, Volume 16, Number 4, 1–64 Available at: https://www.nbr.org/publication/fdi-in-the-asean-states-the-engine-that-roared/ (accessed 15.11.2021).

4. Biden joins U.S.-ASEAN summit, announces up to $102m in funding. NIKKEI 27.10.2021. Available at: https://asia.nikkei.com/Politics/International-relations/Biden-joins-U.S.-ASEAN-summit-announces-up-to-102m-in-funding# (accessed 12.11.2021); Fact Sheet: New Initiatives to Expand the U.S.-ASEAN Strategic Partnership. White House. October 26, 2021 Available at: https://www.whitehouse.gov/briefing-room/statements-releases/2021/10/26/fact-sheet-new-initiatives-to-expand-the-u-s-asean-strategic-partnership/ (accessed 12.11.2021).

5. Readout of President Biden’s Participation in the East Asia Summit. White House. October 27, 2021 Available at: https://www.whitehouse.gov/briefing-room/statements-releases/2021/10/27/readout-of-president-bidens-participation-in-the-east-asia-summit/ (accessed 14.11.2021).

6. Association of Southeast Asian Nations. Office of the United States Trade Representative. Available at: https://ustr.gov/countries-regions/southeast-asia-pacific/association-southeast-asian-nations-asean (accessed 02.10.2021).

7. ASEAN matters for America/America matters for ASEAN. East-West Center. June, 2021. Available at: https://www.eastwestcenter.org/events/launch-the-5th-edition-asean-matters-americaamerica-matters-asean (accessed 10.09.2021).

8. Tran, K.M. U.S.–Southeast Asia Trade Relations in an Age of Disruption. Center for International and Strategic Studies. June 27, 2019 Available at: https://www.csis.org/analysis/us-southeast-asia-trade-relations-age-disruption (Accessed 15.09.2021).

9. ASEAN matters for America/America matters for ASEAN. East-West Center. June, 2021. Available at: https://www.eastwestcenter.org/events/launch-the-5th-edition-asean-matters-americaamerica-matters-asean (accessed 10.09.2021).

10. Ibidem.

11. USAID’s Role in Advancing the U.S. Vision for a Free and Open Indo-Pacific. U.S. Agency for International Development. January, 2021. Available at: https://www.usaid.gov/indo-pacific-vision (accessed 03.09.2021).

12. Association of Southeast Asian Nations. Office of the United States Trade Representative. Available at: https://ustr.gov/countries-regions/southeast-asia-pacific/association-southeast-asian-nations-asean (accessed 02.10.2021); ASEAN matters for America/America matters for ASEAN. East-West Center. June, 2021. Available at: https://www.eastwestcenter.org/events/launch-the-5th-edition-asean-matters-americaamerica-matters-asean (accessed 10.09.2021).

13. Association of Southeast Asian Nations. Office of the United States Trade Representative. Available at: https://ustr.gov/countries-regions/southeast-asia-pacific/association-southeast-asian-nations-asean (accessed 02.10.2021).

14. Ibid.

15. Ibid; ASEAN matters for America/America matters for ASEAN. East-West Center. June, 2021. Available at: https://www.eastwestcenter.org/events/launch-the-5th-edition-asean-matters-americaamerica-matters-asean (accessed 10.09.2021).

16. ASEAN matters for America/America matters for ASEAN. East-West Center. June, 2021. Available at: https://www.eastwestcenter.org/events/launch-the-5th-edition-asean-matters-americaamerica-matters-asean (accessed 10.09.2021).

17. Balance of Payments and Direct Investment Position Data. Bureau of Economic Analysis. Available at: https://apps.bea.gov (accessed 09.02.2022).

18. ASEAN matters for America/America matters for ASEAN. East-West Center. June, 2021. Available at: https://www.eastwestcenter.org/events/launch-the-5th-edition-asean-matters-americaamerica-matters-asean (accessed 10.09.2021).

19. ASEAN Business Outlook Survey: ASEAN’s Role in the Asia-Pacific. American Chamber of Commerce in Singapore. May, 2021. Available at: https://m2q6x9u7.stackpathcdn.com/wp-content/uploads/2021/05/Riding-The-Lion-240521.pdf (accessed 08.09.2021).

20. Abduh M., Ardie A., Milne P. The ASEAN Big Number Report: Big, Bigger, Biggest. The U.S. Chamber of Commerce. September, 2017. Available at: https://www.uschamber.com/report/the-asean-big-number-report-big-bigger-biggest (Accessed 06.07.2021)

21. ASEAN Investment Report 2021. UNCTAD. September, 2021. Available at: https://unctad.org/webflyer/asean-investment-report-2021 (accessed 08.07.2021).

22. Ibid.

23. Ibid.

24. Fact Sheet: President Biden and G7 Leaders Launch Build Back Better World (B3W) Partnership. The White House. June 12, 2021. Available at: https://www.whitehouse.gov/briefing-room/statements-releases/2021/06/12/fact-sheet-president-biden-and-g7-leaders-launch-build-back-better-world-b3w-partnership/ (Accessed 15.06.2021).

25. Rakhmat M.Z., Turdmuzi A. Australia, the US, and the Race for ASEAN’s Infrastructure. The Diplomat. December 18, 2019. Available at: https://thediplomat.com/2019/12/australia-the-us-and-the-race-for-aseans-infrastructure/ (accessed 08.08.2021).

26. Infrastructure Transaction Advisory Services. The US Department of State. Available at: https://www.state.gov/development-finance/taf (Accessed 07.09.2021).

27. ASEAN matters for America/America matters for ASEAN. East-West Center. June, 2021. Available at: https://www.eastwestcenter.org/events/launch-the-5th-edition-asean-matters-americaamerica-matters-asean (accessed 10.09.2021); U.S.-ASEAN Smart Cities Partnership (USASCP). Available at: https://www.usascp.org/home-page (Accessed 10.09.2021).

28. ASEAN matters for America/America matters for ASEAN. East-West Center. June, 2021. Available at: https://www.eastwestcenter.org/events/launch-the-5th-edition-asean-matters-americaamerica-matters-asean (accessed 10.09.2021).

29. The Mekong-U.S. Partnership and the Friends of the Mekong: Proven Partners for the Mekong Region. The US State Department. Office of the Spokesperson. August 3, 2021. Available at: https://www.state.gov/the-mekong-u-s-partnership-and-the-friends-of-the-mekong-proven-partners-for-the-mekong-region/ (accessed 12.09.2021).

30. Secretary Blinken’s Participation in the U.S.-ASEAN Foreign Ministers’ Meeting. The US State Department. Office of the Spokesperson. August 04, 2021. Available at: https://www.state.gov/secretary-blinkens-participation-in-the-u-s-asean-foreign-ministers-meeting/ (Accessed 10.09.2021).

31. ASEAN matters for America/America matters for ASEAN. East-West Center. June, 2021. Available at: https://www.eastwestcenter.org/events/launch-the-5th-edition-asean-matters-americaamerica-matters-asean (accessed 10.09.2021).

32. Goyer J. VP’s Visit to Southeast Asia Affirms Need to Enhance U.S. Trade Ties. The US Chamber of Commerce. August 18, 2021. Available at: https://www.uschamber.com/series/above-the-fold/vp-s-visit-southeast-asia-affirms-need-enhance-us-trade-ties (Accessed 25.08.2021).

33. Work Plan on the Implementation of ASEAN Agreement on Electronic Commerce. Association of Southeast Asian Nations. September, 2021. Available at: https://asean.org/book/work-plan-on-the-implementation-of-asean-agreement-on-electronic-commerce/ (accessed 20.09.2021).

34. Cutler W., Meltzer J. Digital trade deal ripe for the Indo-Pacific. The Brookings Institution. April 5, 2021. Available at: https://www.brookings.edu/opinions/digital-trade-deal-ripe-for-the-indo-pacific/ (accessed 10.07.2021).

35. The Tenth AEM-Russia Consultations 14 September 2021, Video Conference Meeting. Joint Media Statement. September, 2021. The Ministry of Economic Development of the Russian Federation. Available at: https://www.economy.gov.ru/material/file/7e7ff3942132a937b0220e91cf0311a2/aem-russia-consultations-2021.pdf (accessed 20.09.2021).

36. Kostyunina G.M. Russia-ASEAN Foreign Trade: Key Development Trends. Russian Foreign Economic Journal. March, 2019. Available at: http://www.rfej.ru/rvv/id/500492f50/$file/43-59.pdf (Accessed 19.09.2021); Kostyunina G.M. Integratsiya v Aziatsko-Tikhookeanskom regione. Monografiya / G.M.Kostyunina. — M.: MGIMO-Universitet, 2019.

37. Povestka sotrudnichestva Rossii i ASEAN na polyakh VEhF. Tsentr mezhdunarodnoj torgovli Moskvy. 02.09.2021. Available at: https://corp.wtcmoscow.ru/services/international-partnership/analitycs/povestka-sotrudnichestva-rossii-i-asean-na-polyakh-vef/ (accessed 15.09.2021).

38. MEhR predstavilo doklad ob itogakh vneshneehkonomicheskoj deyatel'nosti RF v 2020 godu i I polugodii 2021 goda. Ministerstvo ehkonomicheskogo razvitiya RF. 20 oktyabrya 2021 g. Available at: https://economy.gov.ru/material/news/mer_predstavilo_doklad_ob_itogah_vneshneekonomicheskoy_deyatelnosti_rf_v_2020_godu_i_i_polugodii_2021_goda.html (accessed 19.11.2021).

39. IT-platforma ZEVS - pervaya sredi rossijskikh kompanij stala uchastnikom akseleratora MOVESG v Singapure. Ministerstvo promyshlennosti i torgovli Rossijskoj Federatsii. July 07, 2021. Available at: https://minpromtorg.gov.ru/press-centre/news/#!itplatforma_zevs__pervaya_sredi_rossiyskih_kompaniy_stala_uchastnikom_akseleratora_movesg_v_singapure (accessed 19.08.2021).

40. Povestka sotrudnichestva Rossii i ASEAN na polyakh VEhF. Tsentr mezhdunarodnoj torgovli Moskvy. 02.09.2021. Available at: https://corp.wtcmoscow.ru/services/international-partnership/analitycs/povestka-sotrudnichestva-rossii-i-asean-na-polyakh-vef/ (accessed 15.09.2021).

41. Latukhina K. Putin na sammite Rossiya – ASEAN prizval aktivizirovat' sotrudnichestvo. Rossijskaya gazeta [Federal'nyj vypusk] № 248(8599) 28 oktyabrya 2021. Available at: https://rg.ru/2021/10/28/putin-na-sammite-rossiia-asean-prizval-aktivizirovat-sotrudnichestvo.html (accessed 19.11.2021).

42. Kompleksnyj plan dejstvij po realizatsii strategicheskogo partnyorstva mezhdu Rossijskoj Federatsiej i Assotsiatsiej gosudarstv Yugo-Vostochnoj Azii (2021–2025 gody). Sajt prezidenta Rossii. 28 oktyabrya 2021. Available at: http://kremlin.ru/supplement/5726/print (accessed 19.11.2021).

Comments

No posts found

Write a review
Translate