The U.S. ASEAN Business Council (US-ABC) commended the initiative taken by the ASEAN Economic Community (AEC) Council to adopt A Framework for Circular Economy for the AEC in 2021. The Council and our member companies are supportive of ASEAN’s transition towards a greener and sustainable economy that hinges on the five strategic priorities. 

In concert with the Framework’s Strategic Priority 1 on Standards Harmonization and Mutual Recognition of Circular Product and Services; and Strategic Priority 2 on Trade Openness and Trade Facilitation in Circular Goods and Services, we are pleased to share these recommendations for ASEAN Member States’ (AMS) engagement in key initiatives underway within the Basel Convention that will impact the circular economy and trade among the AMS. We hope that these recommendations will provide a valuable industry perspective to the ASEAN Economic Ministers (AEM) in implementing the ASEAN Circular Economy Framework.