UK supports Timor-Leste鈥檚 Accession into ASEAN Economic Community (AEC)
The UK continues to show its commitment to support Timor-Leste鈥檚 accession into the ASEAN Economic Community (AEC).
Most recently, working together with Cowater International, the UK has provided in-depth technical assistance to the government of Timor-Leste on meeting ASEAN free trade agreement (FTA) requirements, including through a five-day workshop on developing preferential rules of origin (ROO) legislation. This has enabled Timor-Leste to make substantial progress towards implementing an origin certification scheme for 鈥楳ade in Timor-Leste鈥� products to benefit from trade preferences, bringing them one step closer to AEC accession.
This UK鈥檚 flagship project supporting Timor-Leste鈥檚 accession into the ASEAN Economic Community was launched in December last year during the visit of the Foreign, Commonwealth and Development Office鈥檚 (FCDO) Chief Economist, Professor Adnan Khan. The project aims help the Timor-Leste government to implement a preferential rules of origin regime, including the development of a nationwide 鈥榗ountry of origin鈥� certification scheme, which will enable Timor-based companies to benefit from regional and global trade agreements as the country looks to deepen its economic integration with its neighbours and beyond.
Rules of origin empower countries like Timor-Leste to fully leverage their comparative advantages and participate meaningfully in global value chains. By providing clarity and certainty regarding the origin of goods, these rules will enable Timor-Leste to access preferential trade agreements and tap into new markets. This, in turn, stimulates investment, creates jobs, and spurs economic diversification, laying the foundation for sustainable development.
British Deputy Ambassador to Indonesia and Timor-Leste Matthew Downing said:
I am delighted that this project has enabled Timor-Leste to make substantial progress towards developing a certificate of origin scheme, which in turn will help it access new markets and trade agreements.聽 I look forward to continuing our support for Timor-Leste鈥檚 accession to ASEAN. This project is one part of our growing partnership with Timor-Leste, which will continue to deepen following the announcement that the UK will reopen its embassy in Dili.
UK Ambassador to ASEAN Sarah Tiffin said:
This project is a strong demonstration of our commitment as an ASEAN Dialogue Partner to support Timor-Leste throughout the process of its accession to ASEAN. It is good to see the progress Timor-Leste has made towards AEC membership. The UK stands with Timor-Leste and supports its journey towards an open, connected, and prosperous future.
Contact
For further information, contact British Embassy Jakarta, Media and Communication:
- Faye Belnis: +62 8118777 762
- Marzia Firani: +62 8119044741