double-skinned crabsVietnamese crab exportergood crabexellent crab

ASEAN Agrees to Avoid ‘Unnecessary’ Trade Barriers as Iran Crisis Stings

Jayanty Nada Shofa
May 1, 2026 | 2:00 pm
SHARE
Southeast Asian leaders do the ASEAN handshakre at the 47th ASEAN Summit in Kuala Lumpur on Oct. 26, 2025. Myanmar sends its permanent secretary Hau Khan Sum. (Antara Photo/Cahya Sari)
Southeast Asian leaders do the ASEAN handshakre at the 47th ASEAN Summit in Kuala Lumpur on Oct. 26, 2025. Myanmar sends its permanent secretary Hau Khan Sum. (Antara Photo/Cahya Sari)

Jakarta. ASEAN nations have reminded one another not to impose unnecessary trade barriers as they navigate the economic strain caused by the prolonged US–Israel war against Iran.

During a teleconference on Thursday, ASEAN economic ministers addressed the implications of the current conflict, preferring the term ‘the situation in the Middle East’ to ‘war'.

However, they acknowledged that the recent developments are “increasingly affecting” ASEAN peoples and businesses, including small businesses, and raised concern that the fighting would deal a significant blow to the region’s overall economic growth. The members stated that they would understand if one of them had to impose emergency measures to protect their small businesses and vulnerable sectors.

“These measures should be targeted, proportionate, transparent, temporary, and should not create unnecessary barriers to trade,” the 15-point joint statement published after the meeting reads.

ADVERTISEMENT

Any upcoming policy must also be consistent with the rules set by ASEAN and the World Trade Organization (WTO). The 11-strong economic bloc also promised to “refrain from introducing unnecessary non-tariff measures and other trade-distortive measures” on food, energy, other essential goods, as well as their associated inputs during the crisis.

ASEAN repeated calls for freedom of navigation as some of its vessels are unable to exit the Strait of Hormuz, the vital oil chokepoint off Iran’s coast, which Tehran has effectively blocked throughout the war.

Indonesia’s chief economic minister Airlangga Hartarto told the forum that the group needed to take advantage of the ASEAN Single Window, a regionwide digital platform that allows the electronic exchange of trade-related documents.

“Efforts [to build the supply chain] must be backed with trade facilitation, including by making the best use of the ASEAN Single Window, to ensure a smooth flow of goods and safeguard the region’s competitiveness,” Airlangga said.

Amid commitments to seamless trade, the Indonesian government earlier in the day introduced import restrictions on some agricultural commodities.

Feed wheat, mung beans, and pears, among others, are now subject to tougher administrative requirements, as they must earn a government-issued technical recommendation and permit.

Trade Minister Budi Santoso said that the move aimed to “protect prices for domestic producers”.

The Asian Development Bank (ADB) projects that ASEAN will expand by 4.6% in 2026 and 2027. Its growth outlook for Indonesia reaches 5.2%, also for both years. 

ASEAN chair, the Philippines, has invited President Prabowo Subianto to the upcoming Cebu leaders’ summit next week to discuss economic stability and energy security.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Oct 14, 2026 | 9:39 am

IMF Upgrades Indonesia’s 2026 Growth Forecast to 5.1%

Indonesia has yet to beat Vietnam as the fastest-growing ASEAN economy.
Special Updates Oct 13, 2026 | 11:31 am

ASEAN Digital Pact to Drive Cross-Border Payments

ASEAN is set to sign its digital economy pact, which Standard Chartered believes will change how the members do business with each other.
Business Oct 8, 2026 | 6:22 am

Indonesia Races with ASEAN Neighbors for Investments

Indonesia and its ASEAN neighbors are pursuing aggressive reforms to attract foreign investors, according to Investment Minister Rosan.
Business Sep 30, 2026 | 10:30 am

ADB to Inject Another $3 Billion to ASEAN Tourism

Between 2015 and 2025, ADB has deployed over $3.7 billion to turn ASEAN into better tourist magnets.
News Sep 28, 2026 | 10:31 am

‘ASEAN Members Don’t Always Agree, But We Stay Together’: Indonesia

Indonesia says ASEAN members “choose to keep talking, even when agreement is difficult”.
News Sep 28, 2026 | 12:10 am

Iran Stands Firm on Hormuz Plan after US Rejection

Tehran demands the release of frozen Iranian assets, the lifting of sanctions on Iranian oil and an end to the US naval blockade.
Business Sep 25, 2026 | 4:01 pm

Indonesia Wants to Link QR Payment with Timor-Leste

In ASEAN, Indonesia's QRIS payment system is already available in Singapore, Thailand, and Malaysia.
Business Sep 21, 2026 | 12:36 pm

Hong Kong Investors Gain Equal Treatment in New ASEAN Deal

ASEAN has promised not to treat Hong Kong investors differently under a freshly inked deal.
News Aug 28, 2026 | 10:38 am

Indonesia Says Still No Protests from ASEAN Neighbors over Haze

Indonesia maintains "good relations" with its ASEAN neighbors on tackling the transboundary haze, according to the Foreign Ministry.
Business Aug 28, 2026 | 8:04 am

Vietnam’s $80 Billion EU Trade Shows Indonesia’s Untapped Potential: Ambassador

Indonesia-EU trade remains below its potential, with the bloc's ambassador pointing to Vietnam's $80 billion trade benchmark.

The Latest


News 50 minutes ago

UN Boss Wants to Fix Security Council as Indonesia Seeks Seat

Outgoing UN chief Guterres says the current permanent member setup at the Security Council fails to reflect today's realities.
News 54 minutes ago

Saudi Flagship Investment Conference Pushed to 2027 after Houthi Attacks

The annual Future Investment Initiative (FII), often dubbed "Davos in the Desert", was originally scheduled to take place from October 26-29
Business 1 hours ago

Government Sets Aside Rp 1.3 Quadrillion for Final-Quarter Spending

Government spending has reached Rp 2.66 quadrillion, equivalent to 69.2% of the full-year budget target of Rp 3.84 quadrillion.
News 2 hours ago

Indonesia Probes 98 Corporate Wildfire Cases, Including Possible Foreign Links

Police investigate 98 corporate-related wildfire cases, including possible links to investors from neighboring countries.
News 3 hours ago

Students Plan Jakarta Protests to Mark Two Years of Prabowo's Presidency

Police have advised the public to avoid areas around the House of Representatives complex, the National Monument and the State Palace.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED