WHAT'S HOT IN
ASEAN
Connecting you with South East Asia, the world's fastest growing region
Countries
BRUNEI*
CAMBODIA
MYANMAR
PHILIPPINES°
INDONESIA°
LAOS
MALAYSIA*°
SINGAPORE*°
THAILAND*°
VIETNAM*°
* country with active Trade Agreement with Chile
° country with diplomatic representation in Chile
Why ASEAN?
GLOBAL POWER
6th largest world economy:
Targeting to be 4th by 2030
CONSTANT GROWTH
2017 Growth rate: 7.3%.
Expected 2018 growth: 5.1%
DIGITAL REGION
World region with highest digital growth and greatest use of mobile internet
INTERNATIONAL
4th in international trade
GROWING MIDDLE CLASS
2020: ASEAN’s middle class will exceed 400 million
INTEGRATED REGION
ASEAN is an economically integrated region (Asian Economic Community) and part of BRI and RCEP
GROWING POPULATION
World’s 3rd largest population (650 million) and work force
GRAN PIB
2017 GDP: USD 2.76 trillion 2019 GDP forecast 2019: USD $2.89 trillion
PROSPECCIÓN
ASEAN-6 nations do not require Visas for Chileans
ASEAN offers an emerging and diverse market, which together totals more than 650 million inhabitants, surpassing the population of Latin America, North America or Europe. It has a young and growing population with an expansive and urbanizing middle class.
ASEAN is for Chile a dynamic region, with consumers, labor, manufacturing, resources, and knowledge. Today is the time to trade and invest.
TRADE AGREEMENTS
Chile has signed trade agreements with 6 ASEAN countries: Brunei, Indonesia, Malaysia, Singapore, Thailand and Vietnam and is making progress to sign a trade agreement the Philippines.
COMPLEMENTARY REGIONS
Several of the ASEAN countries seek to attract foreign companies and have strong incentives for investment. Both Southeast Asia and Latin America are complementary regions in terms of needs and resources, and Chile through its Trade Agreements, Free Trade Zones and its socio-economic stability, is an ideal bridge for ASEAN companies to enter Latin American markets.
POLITICAL RELATIONSHIP
Since 1962 Chile has had diplomatic relations with Southeast Asia. On July 24, 2016, Chile adhered to ASEAN's 'Treaty of Friendship and Cooperation', becoming the first Spanish-speaking country to sign such an agreement, strengthening relations and opening the way for new opportunities.