As Co-Chairs of the ASEAN Geoeconomics Task Force (AGTF), we are pleased to present the first ASEAN Geoeconomics Report (AGR) 2025. This Co-Chairs’ Report has been prepared by the Experts Group of the AGTF, and discussed and reviewed extensively by the Task Force, with recommendations to be further deliberated by ASEAN Member States (AMS). This Report demonstrates the region’s shared ambition to shape a more resilient, innovative, dynamic and people-centred ASEAN. This vision, set out in ASEAN 2045: Our Shared Future, requires the region to respond effectively and continue to thrive amid external and internal challenges.