Published 12 Dec 2024

Author: Kristina Fong Siew Leng

As ASEAN’s chair next year, Malaysia is well-placed to pilot ASEAN through economic turbulence, particularly at a time of intense geopolitical flux.

Malaysia will assume the ASEAN chairmanship in 2025, at a historic turning point in the grouping’s history. The new year would also see unprecedented geopolitical flux, which will require careful steering through its tricky shoals.

The new year could be described as a landmark year on three main fronts. Firstly, 2025 marks the final year of the all-encompassing ASEAN Community Vision 2025 and the corresponding ASEAN Economic Community (AEC) Blueprint 2025, under the Community’s economic pillar. Both these plans have been in place since 2016. Beyond that, the adoption of the ASEAN Community Vision 2045 — which will set the strategic vision for the region for the next 20 years — will also take place with Malaysia at the helm of ASEAN.  Malaysia has notably been an integral part of the formation of the post-2025 vision as co-chair of the high-level task force for the ASEAN Community Vision 2045 since its establishment in 2022. To top it all off, 2025 is also expected to be fraught with immense economic uncertainties stemming from accentuated geopolitical tensions.

For full article, please open the link:

https://fulcrum.sg/aseans-2025-chair-navigating-tricky-economic-shoals/

The article was published by ISEAS.

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The opinions expressed in this article are the author’s own and do not necessarily reflect the official policy, position or view of IRSEA