world’s fifth-largest economy, on course to become the fourth-largest by 2030.
aggregate economic size of Association of Southeast Asian Nations (ASEAN) member countries in 2019 was $3.2 trillion.
Intra-regional cooperation remains low in ASEAN compared to other partnerships in the region, and intra-regional trade has stagnated for nearly two decades.
ASEAN member countries increasingly rely on non-ASEAN countries as their primary partners
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