Strengthening economic ties with Southeast Asia: A call to action

Since taking office in 2021, the Biden administration has actively sought to strengthen economic ties with Southeast Asia, positioning the United States as a key ally against China. Officials have emphasized that America is the leading source of foreign direct investment in the region, aiming to foster a perception of the U.S. as a partner that can enhance economic prosperity for Southeast Asian nations. Despite these efforts, there are concerns that the private sector alone cannot effectively address the complexities of the economic relationship. The article highlights the need for more substantial actions to repair and enhance these ties, suggesting that mere rhetoric may not suffice in the face of growing competition from China. The geopolitical landscape is shifting, and the U.S. must take proactive steps to ensure that Southeast Asian countries view it as a reliable and beneficial partner in their economic development.