ASEAN-Australia relations will grow
Tuesday, March 12, 2024
Significance
Besides a leaders’ plenary and retreat, there were events linked to four thematic tracks: business; climate and clean energy; maritime cooperation; and emerging leaders. Australian Prime Minister Anthony Albanese had additional meetings with leaders of individual South-east Asian countries, not only during the summit but also before and after.
Impacts
- Australia will increase development assistance to the Mekong subregion, in other words mainland South-east Asia.
- Rising demand in South-east Asia for foreign tertiary education will likely benefit Australia’s education sector.
- Planned visa liberalisation policies should facilitate enhanced people-to-people ties between Australia and South-east Asia.