Southeast Asian leaders are holding their first ever summit with China and the six-member Gulf Cooperation Council (GCC), as they seek to insulate their trade-dependent economies from the effect of steep tariffs from the United States.
The meeting, in the Malaysian capital, Kuala Lumpur, takes place on Tuesday, on the second day of the annual summit of the 10-member Association of Southeast Asian Nations (ASEAN).
Malaysia is the current chair of ASEAN, which also includes Brunei, Cambodia, Laos, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
The meeting will follow separate talks between leaders of the ASEAN and the GCC, which comprises of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
Malaysian Prime Minister Anwar Ibrahim, opening the ASEAN-GCC summit, said stronger ties between the two blocs would be key to enhancing collaboration, building resilience and securing sustainable prosperity.
“I believe the ASEAN-GCC partnership has never been more important than it is today, as we navigate an increasingly complex global landscape marked by economic uncertainty and geopolitical challenges,” Anwar said.
In written remarks before the meetings, the prime minister had said that “a transition in the geopolitical order is underway” and that “the global trading system is under further strain, with the recent imposition of US unilateral tariffs.”
With protectionism surging, the world is also bearing witness to “multilateralism breaking apart at the seams”, he added.
