Foreign Minister Hakan Fidan is about to journey to Vientiane, the capital of Laos, to attend the Türkiye-ASEAN Sectoral Dialogue Partnership Meeting, held on the margins of the 57th ASEAN Foreign Ministers’ Meeting of the Association of Southeast Asian Nations (ASEAN), media report mentioned Thursday.
According to diplomatic sources, the minister is about for a go to between July 26 and 27 to attend the sixth tripartite assembly throughout the scope of the Türkiye-ASEAN Sectoral Dialogue Partnership.
At the tripartite assembly held between the international ministers of the sectoral dialogue associate nations, the international minister of the ASEAN chair nation, and the ASEAN secretary-general, the present state of bilateral cooperation and views for the forthcoming interval will likely be mentioned.
It is anticipated that Fidan will maintain bilateral conferences on the margins of the gathering.
Türkiye took step one towards establishing institutional relations by changing into a celebration to the Treaty of Amity and Cooperation, considered one of ASEAN’s basic paperwork, in 2010, and have become a sectoral dialogue associate of ASEAN in 2017.
Cooperation throughout the scope of sectoral dialogue partnership with ASEAN progresses based mostly on the Practical Cooperation Areas Document, which serves as a street map for the relations by tasks applied by Türkiye, ASEAN members and the secretariat.
With a inhabitants approaching 690 million, representing roughly 9% of the world’s whole, the ASEAN area stands out because the third-largest economic system in Asia and the fifth-largest on this planet, with a gross home product (GDP) of $3.7 trillion, positioning it as a worldwide financial middle.
Türkiye sees ASEAN as a key group within the area, contemplating its mixed economic system, dynamic inhabitants and strategic location. Its commerce quantity with ASEAN nations, which stood at $6.5 billion in 2010, elevated over time, reaching $12 billion in 2017 when the sectoral dialogue partnership was established.
Although the rise in commerce quantity with ASEAN confirmed a brief declining development in 2021 because of the pandemic skilled in Türkiye and world wide, the upward development continued with the impact of the post-pandemic restoration course of, and by 2022, the commerce quantity reached $14.8 billion, and in 2023, it was realized as $14.6 billion.
Source: www.dailysabah.com