East Timor targets closer Asean-Greater Bay Area ties to spur economic growth
Asean’s newest member says cooperation between the two regions should be based on a commitment to inclusive growth and trust

Their strengths complemented one another, with the Greater Bay Area – which links Hong Kong, Macau and nine cities in Guangdong province – leading in technology and finance, while members of the Association of Southeast Asian Nations had a combined population of 680 million, Lay said.
“Asean and the GBA [Greater Bay Area] represent one of the world’s most dynamic engines of the economy,” he added.
“We can build more resilient supply chains, accelerate digital transformation, strengthen sustainable industry and create greater prosperity for our people.”
Newer Asean economies such as East Timor have been looking to closer regional ties for investment and technology transfer, while diversifying their economies and strengthening their institutions.