South Australia and South East Asia relationship
South Australia has a strong and historic connection with South East Asia. The region presents opportunities arising from its growing urban populations, rising incomes and increasingly modern infrastructure and industries.
It is a region of enormous economic potential – and South Australia is in the ideal location to capitalise on its increasing demand for world-class goods and services.
For the purposes of developing the South Australia – South East Asia Engagement Strategy, South East Asia is defined as Timor-Leste and the ten countries of the Association of South East Asian Nations (ASEAN); Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
South East Asia market
South East Asia is undergoing significant economic, political, social and demographic change.
It is a region that is fast becoming a major centre of political and economic influence. The Australian Government has committed to close engagement with South East Asia, and in particular ASEAN member states.
Cooperation extends to security, culture, trade, education, people exchanges and various forms of development activity. Free Trade Agreements involving Australia and the region’s nations are being systematically negotiated.
This strong bilateral framework places South Australia in a strong position to contribute to and gain from the transformation taking place.
South Australian exports to the ASEAN region were valued at $1.8 bilion (in the 12 months to February 2017).