Professor Joergen Oerstroem Moeller, who had predicted Brexit (UK leaving the European Union), said Asean and, on larger scale, Asia are benefiting much from economic globalization. The chamber is composed of countries in the Nordic and Baltic regions. The Nordic region counts Denmark, Finland, Iceland, Norway and Sweden and the Baltic region, Estonia, Latvia and Lithuania. Trump’s victory and Brexit usher in changes that are still unknown except that they differ from the established paradigm. He added that the Philippines as Asean Summit chairman this year could usher in a cooperation between the Asean and the European Union and take advantage of investment opportunities.

Source: Manila Times March 16, 2017 13:41 UTC