US-ASEAN Business Council luncheon

US-ASEAN Business Council luncheon

The Village of Schaumburg hosted a delegation from the US-ASEAN Business Council on May 7th to discuss opportunities in Schaumburg and Southeast Asia. Schaumburg was honored that Ambassadors from Brunei, Laos, Malaysia, Myanmar, the Philippines, Singapore, and Thailand as well as officials from Indonesia, Vietnam and the East-West Council were able to join Mayor Larson and the Schaumburg Business Association for lunch. The group then visited with Motorola to strengthen business ties. The ASEAN Economic Community includes ten Southeast Asian countries that represent one of the largest economic markets in the world. Almost $100 billion of US goods and services exports go to ASEAN making it the 4th largest trade partner. Illinois exports $4 billion to ASEAN countries.

2 comments (Add your own)

1. Jack wrote:
Chris I believe its a bull mrkeat, because of hyperinflation, the mrkeats are rallying with alot of overseas investors, the dollar repeatedly is getting crushed against foreign currencies, which in turn makes US stocks extremely valuable to them, I think that is contributing to higher stock prices, we are heading into hyperinflation, (gallon of milk >gallon of gas) no currency in the history of the world, that was not backed by a physical commodity such as gold cannot ever survive based on trust alone, Ron Paul wrote a good book on that back in the 80 s you can google it, but yes i think the US mrkeats will rally for a little bit more, but as the US economy gets worse, the mrkeats will whipsaw back down worse than March 09 .February 3, 2011 | 3:30 pm

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