The Ganlanba railway station in China's Yunnan Province, a station along the China-Laos railway and part of the Belt and Road Initiative. AP
The Ganlanba railway station in China's Yunnan Province, a station along the China-Laos railway and part of the Belt and Road Initiative. AP
The Ganlanba railway station in China's Yunnan Province, a station along the China-Laos railway and part of the Belt and Road Initiative. AP
The Ganlanba railway station in China's Yunnan Province, a station along the China-Laos railway and part of the Belt and Road Initiative. AP


South-East Asia is on the path to become a single market. The world should take note of it


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  • Arabic

July 18, 2024

The EU regards the formation of the single market – which guarantees that goods, services, people and capital can move freely throughout the bloc – as one of its greatest achievements. Other regional groupings have similar aspirations.

The GCC countries have long been building a common market in pursuit of economic integration. And where I live, the 10-country Association of South-East Asian Nations declared itself an “Economic Community” in 2015, with the aspiration that its combined population of more than 670 million would also become a single market.

Malaysia was chair of Asean that year, and as a senior fellow at the Institute of Strategic and International Studies Malaysia at the time, I can remember there was real excitement in our discussions about the summits. It felt as though the host country was going to give the association, always criticised for not doing enough, a decisive push forward. A former head of the foreign ministry even suggested we rename the group the “Asean Community”, in a possible nod to the EU’s original name, the European Community.

Enthusiasm for, and identification with, Asean may have been wider among political, academic and business elites than general populaces, but quite a lot of work towards creating a single market had already been achieved by 2017, when I was researching an essay to mark the association’s 50th birthday. Tariff barriers between the countries had gone a long way to being eliminated, for instance. The problem was that non-tariff barriers and measures – other ways in which trade can be restricted – had been rising dramatically.

Whether it be one railway or one port at a time, the focus is on connectivity and trade. Isn’t that a better path than talking about 'taking sides'?

One example was often raised: when would the day come when a lorry driver could set off from Vietnam, and drive through Laos, Cambodia, Thailand and Malaysia, all the way to Singapore, with just one set of papers? I asked Firdaos Rosli, then a colleague at the Institute, now the chief economist at the AmBank group. “That’s going to take a long, long time,” he replied. “Also, ad hoc rules and regulations sometimes just appear out of nowhere. And some of our own rules are not even clear to our own people.”

As it happens, a system to enable that very scenario was set up in late 2020, but private sector demand to apply for the permit has been very low, partly because the Asean single customs declaration was set up during the Covid-19 pandemic when there were all sorts of travel restrictions, while some companies have reported confusion over the applicability of local regulations and lack of information from their own countries’ transport authorities.

All of which makes a recent initiative all the more significant. A few days ago, a new freight train service – the Asean Express – completed its inaugural return journey from Kelana Jaya inland depot in Malaysia’s Selangor state to its destination in Chongqing, China, and back.

“This service is not just about connecting Malaysia, Thailand and Laos with China, but also strengthening trade ties across the entire Asean region,” said Malaysian Transport Minister Anthony Loke, who noted that the time from Malaysia to China was nine days, compared to 14 to 21 days by sea. “With investments and expertise – with China and Malaysia both playing our roles – the dream to complete the Pan Asian Railway network is entirely possible within a decade.”

Also known as the Kunming-Singapore railway, this is a long-planned concept to connect China and Singapore with all the countries in mainland South-East Asia – and even farther. For as Mr Loke said at an Asean meeting last month, “once you reach Kunming, you can reach Central Asia and even Europe”.

Asean has been behind this idea for decades (the new express train is not an official Asean project, but a collaboration between the national railway companies), and this kind of improved connectivity is a key part of creating a single market. It is also completely aligned with China’s Belt and Road Initiative. Some persist in imagining the BRI is a plot, but this is a perfect example of the “win-win co-operation” that Beijing frequently talks about.

The Asean Express completed its inaugural return journey from Malaysia’s Selangor state to its destination in Chongqing, China, and back. Photo: CNA / X
The Asean Express completed its inaugural return journey from Malaysia’s Selangor state to its destination in Chongqing, China, and back. Photo: CNA / X

Funnily enough, if we go back to the declaration of the Asean Economic Community in 2015, analysts have noted that the US at the time was expected to play a major role in the creation of an integrated Asean powerhouse, through the Trans-Pacific Partnership Agreement.

In fact, the then US Trade Representative’s Office called the TPP “a high-standard, ambitious, comprehensive, and balanced agreement that will promote economic growth; support the creation and retention of jobs; enhance innovation, productivity and competitiveness; raise living standards; reduce poverty in our countries; and promote transparency, good governance, and enhanced labour and environmental protections”.

But then Donald Trump withdrew the US from the TPP in one of his first actions in the White House. American politicians focussing evermore closely at the Asia-Pacific region should take note, and if they are wise, look not for a threat, but an opportunity. If Asean were a single state, it would already be the fifth-largest economy in the world, and it is predicted to be the fourth largest by 2050.

With its tradition of consensus and non-interference in other countries’ internal affairs, Asean may never be politically unified (hence the lack of action over Myanmar). That should not obscure the fact that the group is more than capable of making progress on the economic front. And as far as most members are concerned, it’s not either the BRI or US President Joe Biden’s Indo-Pacific Economic Framework for Prosperity.

They’ll take both, thank you very much, if they help with the dream of making an Asean Economic Community and a single market a reality. Whether it be one railway or one port at a time, the focus is on connectivity and trade. Isn’t that a better path than talking about “taking sides” all the time?

UAE currency: the story behind the money in your pockets
SRI LANKS ODI SQUAD

Perera (capt), Mendis, Gunathilaka, de Silva, Nissanka, Shanaka, Bandara, Hasaranga, Udana, Dananjaya, Dickwella, Chameera, Mendis, Fernando, Sandakan, Karunaratne, Fernando, Fernando.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

UAE currency: the story behind the money in your pockets
What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

UAE currency: the story behind the money in your pockets
Key facilities
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The years Ramadan fell in May

1987

1954

1921

1888

Opening weekend Premier League fixtures

Weekend of August 10-13

Arsenal v Manchester City

Bournemouth v Cardiff City

Fulham v Crystal Palace

Huddersfield Town v Chelsea

Liverpool v West Ham United

Manchester United v Leicester City

Newcastle United v Tottenham Hotspur

Southampton v Burnley

Watford v Brighton & Hove Albion

Wolverhampton Wanderers v Everton

While you're here
MATCH INFO

Uefa Nations League

League A, Group 4
Spain v England, 10.45pm (UAE)

Know your camel milk:
Flavour: Similar to goat’s milk, although less pungent. Vaguely sweet with a subtle, salty aftertaste.
Texture: Smooth and creamy, with a slightly thinner consistency than cow’s milk.
Use it: In your morning coffee, to add flavour to homemade ice cream and milk-heavy desserts, smoothies, spiced camel-milk hot chocolate.
Goes well with: chocolate and caramel, saffron, cardamom and cloves. Also works well with honey and dates.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The bio:

Favourite holiday destination: I really enjoyed Sri Lanka and Vietnam but my dream destination is the Maldives.

Favourite food: My mum’s Chinese cooking.

Favourite film: Robocop, followed by The Terminator.

Hobbies: Off-roading, scuba diving, playing squash and going to the gym.

 

UAE currency: the story behind the money in your pockets
UEFA CHAMPIONS LEAGUE FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT) unless stated

Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid

Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona

The Voice of Hind Rajab

Starring: Saja Kilani, Clara Khoury, Motaz Malhees

Director: Kaouther Ben Hania

Rating: 4/5

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Moral education needed in a 'rapidly changing world'

Moral education lessons for young people is needed in a rapidly changing world, the head of the programme said.

Alanood Al Kaabi, head of programmes at the Education Affairs Office of the Crown Price Court - Abu Dhabi, said: "The Crown Price Court is fully behind this initiative and have already seen the curriculum succeed in empowering young people and providing them with the necessary tools to succeed in building the future of the nation at all levels.

"Moral education touches on every aspect and subject that children engage in.

"It is not just limited to science or maths but it is involved in all subjects and it is helping children to adapt to integral moral practises.

"The moral education programme has been designed to develop children holistically in a world being rapidly transformed by technology and globalisation."

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

The Greatest Royal Rumble card as it stands

The Greatest Royal Rumble card as it stands

50-man Royal Rumble - names entered so far include Braun Strowman, Daniel Bryan, Kurt Angle, Big Show, Kane, Chris Jericho, The New Day and Elias

Universal Championship Brock Lesnar (champion) v Roman Reigns in a steel cage match

WWE World Heavyweight ChampionshipAJ Styles (champion) v Shinsuke Nakamura

Intercontinental Championship Seth Rollins (champion) v The Miz v Finn Balor v Samoa Joe

United States Championship Jeff Hardy (champion) v Jinder Mahal

SmackDown Tag Team Championship The Bludgeon Brothers (champions) v The Usos

Raw Tag Team Championship (currently vacant) Cesaro and Sheamus v Matt Hardy and Bray Wyatt

Casket match The Undertaker v Chris Jericho

Singles match John Cena v Triple H

Cruiserweight Championship Cedric Alexander v tba

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

The story of Edge

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, established Edge in 2019.

It brought together 25 state-owned and independent companies specialising in weapons systems, cyber protection and electronic warfare.

Edge has an annual revenue of $5 billion and employs more than 12,000 people.

Some of the companies include Nimr, a maker of armoured vehicles, Caracal, which manufactures guns and ammunitions company, Lahab

 

World Cricket League Division 2

In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.

UAE fixtures

Thursday, February 8 v Kenya; Friday, February v Canada; Sunday, February 11 v Nepal; Monday, February 12 v Oman; Wednesday, February 14 v Namibia; Thursday, February 15 final

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The BIO:

He became the first Emirati to climb Mount Everest in 2011, from the south section in Nepal

He ascended Mount Everest the next year from the more treacherous north Tibetan side

By 2015, he had completed the Explorers Grand Slam

Last year, he conquered K2, the world’s second-highest mountain located on the Pakistan-Chinese border

He carries dried camel meat, dried dates and a wheat mixture for the final summit push

His new goal is to climb 14 peaks that are more than 8,000 metres above sea level

CHELSEA SQUAD

Arrizabalaga, Bettinelli, Rudiger, Christensen, Silva, Chalobah, Sarr, Azpilicueta, James, Kenedy, Alonso, Jorginho, Kante, Kovacic, Saul, Barkley, Ziyech, Pulisic, Mount, Hudson-Odoi, Werner, Havertz, Lukaku. 

POSSIBLE ENGLAND EURO 2020 SQUAD

Goalkeepers: Jordan Pickford, Nick Pope, Dean Henderson.
Defenders: Trent Alexander-Arnold, Kieran Trippier, Joe Gomez, John Stones, Harry Maguire, Tyrone Mings, Ben Chilwell, Fabian Delph.
Midfielders: Declan Rice, Harry Winks, Jordan Henderson, Ross Barkley, Mason Mount, Alex Oxlade-Chamberlain.
Forwards: Harry Kane, Raheem Sterling, Marcus Rashford, Jadon Sancho, Tammy Abraham, Callum Hudson-Odoi.

A cheaper choice

Vanuatu: $130,000

Why on earth pick Vanuatu? Easy. The South Pacific country has no income tax, wealth tax, capital gains or inheritance tax. And in 2015, when it was hit by Cyclone Pam, it signed an agreement with the EU that gave it some serious passport power.

Cost: A minimum investment of $130,000 for a family of up to four, plus $25,000 in fees.

Criteria: Applicants must have a minimum net worth of $250,000. The process take six to eight weeks, after which the investor must travel to Vanuatu or Hong Kong to take the oath of allegiance. Citizenship and passport are normally provided on the same day.

Benefits:  No tax, no restrictions on dual citizenship, no requirement to visit or reside to retain a passport. Visa-free access to 129 countries.

Updated: July 18, 2024, 7:00 AM`