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SPIEF-2025: ASEAN–BAC Malaysia 2025. Chairmanship Roadshow to Russia

20 june 2025

The roadshow of ASEAN Business Advisory Council was held on June 20 in the framework of St. Petersburg International Economic Forum. The moderator of the business session was Daniyar Akkaziev, Executive Director of Russia-ASEAN Business Council, who in his opening remarks noted that since Malaysia takes the chairmanship of ASEAN in 2025 with the theme «Unifying markets for shared prosperity», which amplifies echoes a conviction that meaningful economic integration will bring prosperity to ASEAN. Nazir Razak, Chairman of the ASEAN Business Advisory Council, founder and chairman of Ikhlas Capital, in his comprehensive report introduced Malaysia’s 12 ASEAN-BAC Malaysia initiatives, especially emphasized the role of ASEAN Business Entity (ABE) and the B2B Connect initiative. As well he invited business leaders from Russia to participate in the upcoming ASEAN Business and Investment Summit. Within the roadshow priorities of Malaysia’s ASEAN chairmanship in 2025 as well as prospects for trade, economic, and investment cooperation between Russia and ASEAN countries were discussed. SPIEF was also attended by other ASEAN-BAC Chairmen Mr Musa Adnin (Brunei), Mr U Aye Win (Myanmar) and, Mr Anindya Bakrie (Indonesia).