East Timor has officially joined the Association of Southeast Asian Nations (ASEAN), marking the bloc's first expansion since the 1990s. Prime Minister Xanana Gusmao expressed his nation's pride and optimism during the ceremony in Kuala Lumpur, highlighting the significance of this milestone for East Timor's economic future.

Historic Admission Ceremony
During the formal ceremony, Prime Minister Gusmao addressed ASEAN leaders, stating that the admission is a "dream realized" for East Timor. The event saw the flag of East Timor added to the existing ten flags of ASEAN member states, symbolizing a new chapter for the country. Gusmao emphasized that this moment reflects the resilience and determination of the Timorese people, who have long aspired to join the regional bloc.

Significance for Economic Development
East Timor's inclusion in ASEAN is expected to provide vital opportunities for economic growth. The nation, which has faced challenges in developing its economy, aims to leverage its membership to attract investment and enhance trade relations with other Southeast Asian countries. The prime minister noted that the membership is not only a political achievement but also a strategic move to boost the country's economic landscape.

ASEAN Summit and Global Engagement
The ceremony coincided with the opening of ASEAN's annual summit, which will feature discussions with key global partners including China, Japan, India, Australia, Russia, South Korea, and the United States. U.S. President Donald Trump is participating in the summit, marking his first visit to Asia since returning to the White House. He is expected to sign a trade deal with Malaysia, further highlighting the summit's importance in fostering international relations.

Future Prospects for East Timor
As East Timor embarks on this new journey within ASEAN, the government is optimistic about the potential benefits of membership. The country aims to strengthen its economic ties within the region and improve the living standards of its citizens. Gusmao's remarks reflect a hopeful outlook for the future, as East Timor seeks to navigate the complexities of regional and global markets.

Wrap-up
East Timor's admission to ASEAN represents a significant milestone in the nation's history, offering a pathway to economic development and regional integration. The formal ceremony in Kuala Lumpur not only celebrated this achievement but also set the stage for broader discussions on trade and cooperation among ASEAN member states and their global partners.

Sources: feed.koreatimes.co.kr

@hoju-korean.com Editorial Team