- The Twenty-Second ASEAN Economic Ministers – Republic of Korea (AEM-ROK) Consultation was held on 24 September 2025 in Kuala Lumpur, Malaysia. The Consultation was co-chaired by H.E. Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry of Malaysia, and H.E. Han-Koo Yeo, Minister for Trade of the Republic of Korea. The Meeting also welcomed H.E. Filipus Nino Pereira, Minister of Commerce and Industry, Democratic Republic of Timor-Leste to the Meeting as an observer.
- The Meeting noted that based on ASEAN’s preliminary statistics, two-way merchandise trade between ASEAN and the ROK stood at 208.2 billion in 2024, whilst foreign direct investment (FDI) inflow from the ROK to ASEAN was recorded at USD 7.6 billion in the same year. These figures placed the ROK as ASEAN’s fifth largest trading partner and seventh largest source of foreign direct investment last year.
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