Total trade between Asean and the United States hit a record US$453bil (RM1.9 trillion) last year, with Asean exports surging nearly 16% to US$312bil (RM1.31 trillion), said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.<br /><br />He said the US also remained Asean’s largest source of foreign direct investment, contributing over US$42bil in 2023 — reflecting strong confidence in the region’s growth prospects.<br /><br />Tengku Zafrul also said the AEM-USTR meeting also reviewed the Trade and Investment Framework Agreement (Tifa), the Enhanced Economic Engagement (E3) work plan, and global economic challenges.<br /><br />Read more at https://tinyurl.com/ujvembbe<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline
