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ASEAN, Korea eye $300-B trade by 2030
Manila Bulletin
|December 8, 2025
The Association of Southeast Asian Nations (ASEAN) and the Republic of Korea (South Korea) have reaffirmed their commitment to deepen regional economic ties by setting a target of $300 billion in annual bilateral trade by 2030.
The long-term goal, which falls under the enhanced ASEAN-Korea Comprehensive Strategic Partnership (CSP), was formally adopted as part of Korea's 2025-2030 economic engagement strategy during the recent ASEAN-Korea Forum held in Manila.
"ASEAN is our indispensable economic partner. Korea's prosperity is increasingly linked to the growth of Southeast Asia, and our collaboration will continue to expand through deeper innovation, digital cooperation and open trade," Korean Ambassador to the Philippines Lee Sang-hwa said.
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