THERE is enormous potential for ASEAS and the United Kingdom (UK) to work together ono closing the digital skills gap and maximising innovative technologies, said UK Trade Policy Minister Greg Hands during the recent ASEAN Business and Investment Summit.
‘Digital innovation is an important catalyst for economic recovery,” he said, adding that ASEAN and the UK should collaborate to improve trade and economic cooperation.
In the UK, digital technology is considered a driver of growth and productivity across the whole economy, proven by the increased demand for technology solutions in education, healthcare, financial services, supply chains and logistics, among others.
With the UK having a good track record of creating tech unicorns, Hands believes it will open up more opportunities for collaboration between ASEAN and the UK in closing the digital skills gap and maximising the development rate of innovative technologies.
Hosted by the UK-ASEAN Business Council and ASEASN Business Advisory Council, the summit highlighted the importance of fostering digital innovation and economic partnerships, particularly in the education and digital side.
In her opening keynote, UK Secretary of State for International Trade Liz Truss said, “Our strong partnership (between the UK and ASEAN) has helped bilateral trade grow steadily in the past 10 years to reach close to £42 bil.” – Nov 19, 2020