ID :
424064
Mon, 11/14/2016 - 09:14
Auther :

USABC Welcomes US President-Elect, Pledges To Cooperate

By Manik Mehta NEW YORK, Nov 14 (Bernama) -- The US-ASEAN Business Council (USABC), based in Washington DC, has welcomed the newly-elected American leadership and congratulated the people on the election of the 45th President of the United States. "We congratulate President-elect Donald Trump, Speaker Paul Ryan, majority leader Mitch McConnell, and the Republican Party for their victories, and pledge to work with the new President and Congress, both Republicans and Democrats, to ensure that the engagement and relationships that the US has fostered across ASEAN remain strong," a USABC statement said. The ASEAN Economic Community and its ten-member nations represented more than 620 million young consumers, and taken collectively, were the world's seventh largest economy, it said. The statement also said that Trump, as a former business leader, knew well the opportunities such a large and diverse market holds for American business. "US businesses have clearly shown the importance of the ASEAN region by making it the number one destination for US foreign direct investment (FDI) in Asia, receiving more US FDI than China, Japan and India combined," it noted. The USABC said that it and its member companies looked forward to working together with the US Government and the ASEAN Governments to ensure that American products and services reach this important area of the world. -- BERNAMA

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