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ASEAN Sec Gen Urges More Investment In SE Asia

Thursday, May 26, 2011

TOKYO (Nikkei)--The secretary-general of the Association of Southeast Asian Nations, Surin Pitsuwan, urged Japanese companies to continue investing in the region despite the hardships they face after the Great East Japan Earthquake, at a forum Thursday in Tokyo.

The secretary-general said that Japan and Southeast Asia must keep strengthening ties in investment and trade, even after the disaster, stressing the advantages the region offers in terms of cost.

Surin said the center of the global economy has already shifted to East Asia since the 2008 financial crisis and that ASEAN will play a significant role.

Surin spoke at the Future of Asia conference co-hosted by The Nikkei and the Japan Center for Economic Research.

Titles of speakers, names of companies, etc., were correct as of the time when the forum was held.