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As ASEAN marks its 40 anniversary, US-ASEAN relations show signs of success and potential future growth. Viewed from the perspective of where US-ASEAN relations were four decades ago, signs of structural change and the prospect of a more focused-and action-oriented ASEAN organization, there remains every possibility of further filling a glass of interactions that is now only half full.

The US is considering several ways in which to enhance its relations with ASEAN including through signing the Treaty of Amity and Cooperation, appointing an ambassador to ASEAN and participating in a range of regional and bilateral activities in the economic, political and military realms. It is quite likely that the US will take one or more of these measures to demonstrate its commitment to ASEAN. However, the ultimate guarantor of strengthened US-ASEAN relations will be the ability of member countries to demonstrate that they as individual countries and as ASEAN can be and wish to be partners of the US in this new century.

The issue of convergence is an ongoing debate. How the world trading systems (multilateral and regional trade arrangements) affect the speed of convergence of GDP per worker and total factor productivity (TFP) is an unaddressed issue in the literature. Hence, the objective of this paper is to examine the impact of multilateral and regional trading systems on the speed of convergence drawing sample from five ASEAN countries, over the 1976 to 2000.  Source: International Research Journal of Finance & Economics; 2006 Issue 5, p52-63, 12p. Authors: Onwuka, Kevin Odulukwe, Baharumshah Ahmad Zubaidi & Habibullah, Muzafar Shah.

This report illustrates the economic relation between China and Malaysia in terms of trade, investment and economic co-operation from the viewpoint of Malaysia published by Institute of Developing Economies - Japan External Trade Organization (IDE-JETRO) and Socio-Economic & Environmental Research Institute (SERI).

Author: Mohamed Ariff.  Publication: MIERScan, 30 October 2006. 

Abstract: One does not usually hear much about Apec, a regional grouping of 21 member economies of the Pacific Rim, after the annual summits. The flurry of activities that precede the meetings of APEC heads tends to quickly peter out once the summits are over. The silence that fills the void between summits ironically speaks volumes.

Author: Lopez, Gregore Pio.  Publication: MIERScan, 29 January 2007. 

Abstract: The Malaysian government must take a cautious approach when negotiating the USMFTA. Furthermore, the government must consult all relevant parties, especially Parliament and the workers before making any decisions.

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