Pentagon official says U.S. war in Iran has cost $25 billion so far
A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 bi...
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ASEAN and European Union (EU) officials gathered in Bandar Seri Begawan, Brunei Darussalam to attend the 25th ASEAN-European Union Ministerial Meeting (AEMM) from 27 to 28 April.
The meeting set the stage for the 50th anniversary of ASEAN–EU relations in 2027, while reinforcing cooperation aligned with the ASEAN Community Vision 2045. Held amid shifting geopolitics, it highlighted a more focused and strategic partnership.
The EU became ASEAN’s Dialogue Partner in 1977. In 2020, both sides agreed to elevate ties to a strategic partnership, underscoring the growing importance of cooperation across political, economic and socio-cultural spheres.
The EU has recognised ASEAN’s centrality within its Indo-Pacific strategy. Economic ties remain strong, with two-way merchandise trade reaching $292.8 billion in 2024, reflecting the depth of interregional engagement.
In 2026, ongoing geopolitical developments - including the Russia–Ukraine war, conflicts in West Asia, South China Sea disputes, strained transatlantic relations and intensifying major power rivalry - have pushed ASEAN and the EU to strengthen cooperation.
From ASEAN’s perspective, maintaining its central role amid great power competition remains essential. The bloc continues to prioritise consensus-building and non-interference, known as ‘The ASEAN Way’.
As outlined in the Joint Ministerial Statement of the 25th ASEAN–EU Ministerial Meeting, the EU explicitly linked the ASEAN Outlook on the Indo-Pacific with its own Indo-Pacific strategy. This commitment signals a shift from rhetoric to practical cooperation on shared priorities.
The statement also reflects a growing recognition within the EU of the need for deeper engagement in Southeast Asia. The region’s importance to global shipping routes, production networks and supply chains makes it strategically indispensable. Disruptions caused by conflicts in Ukraine and West Asia - including supply chain shocks and rising energy costs - have reinforced this reality.
ASEAN member states continue to face a strategic dilemma: whether to align more closely with the U.S. or China. The State of Southeast Asia: 2026 Survey Report by ISEAS found that 51.7% of respondents expressed concern over economic tensions between major powers.
The survey identified the top geopolitical concerns as U.S. leadership under President Donald Trump, global scam operations and assertive behaviour in the South China Sea. Notably, the EU ranked second among trusted partners at 55.9%, behind Japan at 65.6%, providing a solid foundation for deeper cooperation.
A consistent and visible EU presence in Southeast Asia could offer ASEAN a credible alternative partner, reducing reliance on either China or the U.S. Expanded cooperation in digitalisation, trade and supply chains could accelerate ASEAN’s development.
The EU also has the potential to support ASEAN’s digital transformation, particularly in addressing emerging cybercrime threats. ASEAN can benefit from the EU’s regulatory experience, including frameworks such as the General Data Protection Regulation and the EU Cybersecurity Act.
Ensuring regional stability remains a shared priority. Ongoing issues - including the political crisis in Myanmar and disputes in the South China Sea - risk destabilising Southeast Asia if left unresolved.
As a perceived champion of the rules-based international order, the EU has committed to resolving disputes through diplomatic means and in accordance with international law, particularly the United Nations Convention on the Law of the Sea. This stance also reinforces support for ASEAN centrality.
Despite the potential, challenges remain. ASEAN’s consensus-based approach can slow decision-making and conflict resolution. The ongoing civil war in Myanmar and last year’s border tensions between Thailand and Cambodia highlight these limitations.
The ceasefire between Thailand and Cambodia, brokered by the U.S., also underscores continued reliance on external powers and lingering doubts about ASEAN’s internal mechanisms. Meanwhile, the EU’s highly institutionalised and rules-based system may struggle to adapt to these dynamics - marking a key difference between the two blocs.
Today’s geopolitical landscape has reinforced the need for stronger ASEAN-EU cooperation. The 25th ASEAN–EU Ministerial Meeting reaffirmed what both sides already recognise: the partnership is strategically necessary.
The more pressing question is whether ASEAN’s consensus-driven approach and the EU’s institutional framework can find sufficient common ground to translate that necessity into concrete outcomes before the geopolitical window narrows further.
A report published by Minval Politika has raised new questions over alleged efforts by Luis Moreno Ocampo to shape international pressure against Azerbaijan and influence political dynamics around Armenia.
A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 billion had so far been spent on the conflict, most of it on munitions. Earlier, Donald Trump said that the U.S. had "militarily defeated" Tehran.
Iran’s Supreme Leader Mojtaba Khamenei warned “foreigners who commit evil” have no place in the Gulf, outlining a “new phase” for the Strait of Hormuz, while a senior adviser said U.S. blockade efforts would fail and could trigger confrontation.
Shares in Meta Platforms fell sharply in extended trading on Wednesday after the tech giant raised its annual capital spending forecast by billions of dollars.
A senior U.S. administration official says a ceasefire agreed with Iran in early April has effectively ended hostilities for an imminent congressional war powers 1 May deadline, arguing that the absence of any military exchanges for more than three weeks removes the need for further authorisation.
Commemorating human suffering is a moral duty. Remembering the dead, acknowledging pain, and reaffirming a commitment to prevent future atrocities - these are responsibilities that transcend politics, geography and identity.
Central Asia is among the most climate-vulnerable regions globally, relying heavily on shrinking glaciers for water. Rising temperatures threaten future supplies, while droughts, heatwaves and land degradation increasingly affect agriculture and stability.
We live in an interconnected world where each international and regional crisis has far-reaching consequences. Every region, no matter how peripheral or small, can experience the repercussions of such geopolitical and geoeconomic pressures.
The International Monetary Fund (IMF) and World Bank held their Spring Meetings in Washington from 13 to 18 April. Finance ministers flew in, communiqués were drafted, and the usual parade of panels and press conferences ran their course.
Moscow and Tehran - comprehensive strategic partners since October 2025 - appear to share a similar approach to warfare: harsh rhetoric paired with actions that contradict their claims and ultimately undermine their own strategic interests.
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