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Jakarta Post

Little impact on ASEAN from possible Brexit

  • Anggi M. Lubis

    The Jakarta Post

Jakarta   /   Thu, June 23 2016   /  07:41 am

British voters will soon go to the polls to decide whether or not their country should remain a part of the EU.

Those campaigning to stay in or leave EU are competing ferociously against one another. Both sides have taken slight leads over the other at different points of the campaign, according to a number of surveys, and the uncertainty is enough to jitter investors in Asian markets as they fear a possible crash in the world’s biggest economic entity.

The EU is the biggest investor in ASEAN and a top trading partner. Nonetheless, a British split will have little impact on the regional community, experts have said.

If Britons opt to leave the EU (Brexit), there will be significant changes within the supranational EU body, but the changes will not be immense enough to cast shadows over other regional entities like ASEAN, Gadjah Mada University international relatio...