European Institute for Asian Studies
Brexit - Implications for Asia: Boom or Bust?
  • Start04:00 PM - Feb 08 2017
  • End06:00 PM - Feb 08 2017
  • Asia Platform, Rue de la Loi 26, 10th floor, 1040 Brussels
  • + 32 2 230 81 22
  • alberto.turkstra@eias.org

Programme

15:30-16:00

16:00-16:15

Registration

Introduction by the Chair

Mr Axel Goethals, CEO, European Institute for Asian Studies (EIAS)

16:15-17:30

Panel Discussion

 

H.E Mr Manjeev Singh Puri, Ambassador of India to the EU, the Kingdom of

Belgium and the Grand-Duchy of Luxembourg

H.E Mr Vuong Thua Phong, Ambassador of Vietnam to the EU, the Kingdom of

Belgium and the Grand-Duchy of Luxembourg

Mr Pascal Kerneis, Managing Director, European Services Forum

Dr Pierre-Michael Gröning, Director, International Trade Policy, Foreign Trade Association (FTA)

17:30-18:00

18:00-18:30

Discussion and Q&A

Networking reception

What will be the long-term impacts of Brexit for India, Vietnam, and other Asian countries and will they be able to maintain their British investments? What positive potential and leverage could it lead to for the EU and its economic relations with Asia? Is Brexit only an economic game play, or are there any political and social ramifications for Asia as well?

Brexit has dealt a heavy blow to Britain and to its relationship with the EU. This seminar will examine the impact of Brexit on the future of UK ties with her Asian markets. Many Asian countries have strong economies and will be looking to increase their economic share due to the Brexit referendum. This seminar will also look into the potential implications on economic and political relations, highlighting the uncertainties and dilemmas that have been created. Negotiations for the Free Trade Agreement for India and Vietnam could be compromised, or could expand.

India and Vietnam will be looking at Brexit to understand the economic, social and political implications. There is a strong focus on whether there will be any immigration reforms in the UK that would assist the number of migrant workers and students from South and South East Asia to the UK. Post Brexit could also signal an increase in Foreign Direct Investment by the UK to India, therefore many believe that Theresa May’s official visit to India, was a signal to UK’s intent in establishing new frameworks.

The UK has been one of the biggest export markets for Vietnam, within the EU, and trade growth between the two has been at a constant. Similarly with the EU, Vietnam has enjoyed strong trading relations including entering into a Free Trade Agreement with the EU (EVFTA), however it is awaiting ratification. Vietnam will be trying to reduce the economic impacts of Brexit on their economy, as the British Pound devaluation and market volatility could result in negative consequences for their trade.

 


Brexit-Asia-stocks

This seminar will examine the impact of Brexit on the future of UK ties with her Asian markets. Many Asian countries have strong economies and will be looking to increase their economic share due to the Brexit referendum. This seminar will also look into the potential implications on economic and political relations, highlighting the uncertainties and dilemmas that have been created.



European Institute for Asian Studies

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