Tuesday, July 9, 2024
Homese asiaBig money, but little progress on South China Sea dispute, Myanmar crisis...

Big money, but little progress on South China Sea dispute, Myanmar crisis at Asean talks

JAKARTA – The regional summit of South-east Asian leaders concluded on Thursday with some strides made towards tackling the Myanmar crisis, little progress on the South China Sea territorial dispute, and a whopping US$38 billion (S$52 billion) worth of deals in the bag, analysts say.

Expectations were high that Indonesia – chair of the Association of South-east Asian Nations (Asean) in 2023 – would make breakthroughs in resolving the Myanmar conflict, given its vocal criticisms against the atrocities committed there after a military coup in 2021 wrested power from the democratically elected government. Indonesia is also a founding member of the 10-nation grouping, and the biggest.

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