ASEAN leaders look to ratify trade, energy deals amid Middle East uncertainties
ASEAN chair, the Philippines, is pushing for an expedited ratification of a regional fuel-sharing deal to cope with the ongoing energy crisis triggered by the Middle East conflict. Economic and energy supply concerns were front and centre as ASEAN leaders gathered in Cebu for a summit. Meanwhile, Singapore Prime Minister Lawrence Wong has urged the grouping to act quickly to strengthen its resilience, as the region faces growing global uncertainty. He also warned that disruptions to major shipping routes could have wider consequences. Melissa Goh and Aslam Shah report from Cebu.
ASEAN chair, the Philippines, is pushing for an expedited ratification of a regional fuel-sharing deal to cope with the ongoing energy crisis triggered by the Middle East conflict. Economic and energy supply concerns were front and centre as ASEAN leaders gathered in Cebu for a summit. Meanwhile, Singapore Prime Minister Lawrence Wong has urged the grouping to act quickly to strengthen its resilience, as the region faces growing global uncertainty. He also warned that disruptions to major shipping routes could have wider consequences. Melissa Goh and Aslam Shah report from Cebu.