Business links with SE Asia vital part of regional security: PM

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The report, titled Invested: Australia’s South-East Asia Economic Strategy to 2040, contains 75 recommendations to address a drop-off in trade and investment with a bloc that will be the world’s fourth-largest market within two decades, but which is also of increasing strategic importance in the battle with China for hearts and minds. Chinese Premier Li Qiang told the ASEAN summit that countries in the region needed to set aside their differences and co-operate, rather than engage in “a new Cold War”. Nothing ruled out Mr Albanese, who announced the immediate adoption of three of the recommendations, said the report had...