#31: CLMV-Subregion: Trade, Investment, and Sustainability | Part I: Myanmar

In September 2020, Germany inked its latest foreign policy
strategy for the Indo-Pacific region. The strategy document
mentioned ASEAN 66 times and outlined a stepping up of engagement
with the region – setting the course for a deeper
relationship. 


Germany has been an active investor in Southeast Asia. In 2022,
total two-way trade between ASEAN and Germany was US$85 billion,
35% more than in 2019, before the pandemic – placing it as the
biggest contributor from the European Union bloc. German
companies have also invested significantly in ASEAN, across
different sectors from automotive, construction, and engineering
to chemical technology.  


The CLMV sub-region has strongly enhanced its economic prosperity
over the last few years. An increasing growth rate has been
recorded which strengthens its image among other large countries
in the ASEAN region. In Part I of the podcast series on CLMV
Sub-region – the host Ms. Trang Dao, would analyze and explore
more insights about the country Myanmar with our special
guests: 


Marko Walde, Chief Representative of AHK Vietnam, Myanmar,
Cambodia and Laos;   


Ye Htut, Head of Economic Affairs and Trade Relations, AHK
Myanmar 


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AHK is happy to assist you with advice and guidance on your
interest in doing business in the CLMV Sub-region. Kindly visit
us at: https://vietnam.ahk.de/  


Check out our latest blog and infographic to gain the key data
and numbers about the CLMV sub-region:
https://bit.ly/CLMV_Blog_Infographic