ASEAN, one of the world's most dynamic and integrated regions, has both the political convening power and the economic incentive to defend a region built on multilateral principles.
The 2025 ASEAN Summit in Kuala Lumpur takes place at a critical moment for the global economic order. While it might appear strange that a seemingly loose group of countries in Southeast Asia hold the future of that order in their hands, ASEAN — still among the world’s most dynamic and integrated economies — has jumped to the defence of regional and global economic openness.
Judging by the summit’s attendance — including US President Donald Trump, Chinese Premier Li Qiang, Japan’s new Prime Minister Sanae Takaichi, Brazilian President Luiz Inacio Lula da Silva, South African President Cyril Ramaphosa and other leaders of major economies within and outside the region — the convening power of ASEAN is well recognised.
It’s not just the outcomes of the summit itself that are important.
Author's summary: ASEAN defends open trade at 2025 summit.