Course summary Trans-Regional ASEAN European Union Trade Initiatives
(TREATI):
ASEAN European Union (EU) dialogue relations: promote trade and investment flows between the two regions
In order to promote trade and investment flows between the two
regions, ASEAN and the European Union agreed on the
Trans-Regional ASEAN-EU Trade Initiatives (TREATI) which is a policy
dialogue mechanism/process in economic and trade related issues.
Due to the global financial crisis in 2009,
total ASEAN trade with the EU declined to US$ 171.7 billion in 2009, a fall of
16% from 2008. Despite this, Europe remains ASEAN’s top
export destination, with a share of 11.2% of ASEAN’s total exports in 2009.
In terms of total trade, the EU is second after
China due to higher ASEAN imports from
China.
ASEAN received a total of US$ 7.2 billion of
Foreign Direct Investment (FDI)
from the European Union in 2009 and it is accounted for 18.4% of the total FDI
inflows into ASEAN in 2009 (total ASEAN FDI inflow in 2009 – USD$ 39.6 billion).
Example of the course Trans-Regional ASEAN European
Union Trade Initiatives (TREATI):
ASEAN Member
States: Brunei Darussalam,
Myanmar, the Philippines, Singapore,
Thailand, Vietnam, Cambodia,
Indonesia,
Malaysia and
Laos PDR
EENI International Business
Course learning materials: 
