Asia’s business environment is evolving rapidly, and the Chamber is changing with it. Nowhere are these changes more pronounced than in Southeast Asia, where many businesses are relocating investments and sourcing activity. Amid U.S.-China trade tensions, surveys conducted by UBS Bank suggest that 20%–-30% of China’s total manufacturing capacity could relocate, with Southeast Asia a prime destination. McKinsey & Company estimates that the regionalization of supply chains could shift up to 25% of global trade flows, and the Chamber has estimated that U.S. tariffs on China have given Southeast Asian countries an average tariff advantage of 12%–-19%. As a result, the region is even more vital to U.S. commercial interests.
The U.S. Chamber of Commerce’s Southeast Asia and Regional Economic Architecture program harnesses the Chamber’s unique influence in American political and commercial life to provide tailored support to members in tackling challenging trade, investment, and regulatory barriers to doing business in these crucial markets.
The program provides access, information, concise analysis, and policy advocacy. The team collaborates with the most senior levels of government, influential associations, and think tanks and other non-governmental institutions on the ground in these markets, as well as with all relevant U.S. agencies in Washington, D.C., and their representatives in the region.