ASEAN-GCC-China Economic Partnership: A $24 Trillion Opportunity

ASEAN, GCC, and China: A $24 Trillion Economic Partnership Malaysia – The economic potential of the collaboration between ASEAN, the Gulf Cooperation Council (GCC), and China is substantial, according to Malaysian Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Tengku Abdul Aziz. In a recent news report by Berita RTM, the Minister highlighted the combined GDP of these regions, totaling approximately $24 trillion US dollars. This represents about 23% of the global GDP. "Together, our economies represent 24 trillion US dollars of GDP, or roughly 23 percent of global GDP," stated Minister Aziz in a speech featured in the report. He further emphasized the importance of this partnership in fostering a resilient and rules-based economic integration. The Berita RTM report showcased the potential for significant economic growth and stability through this collaborative effort, underscoring the considerable influence of this partnership on the global economic landscape. The forum's focus on strengthening economic ties between the three regions is seen as a catalyst for future prosperity and stability in the region and beyond.