Asia-MENAT Corridor 2023: Tapping into Transformation

These are exciting times on both sides of the Asia-MENAT trade corridor. The Middle East economy is once again in full swing as the Covid pandemic recedes and growth in Asia continues to outstrip much of the rest of the world.

As the world emerges from the pandemic lockdown into a new world of geopolitical, macroeconomic and trade frictions, new opportunities are arising across a trade route that stretches back more than a thousand years, between what today are two of the world's economically most dynamic regions. With global supply lines being redrawn and the technological revolution continuing to gather pace, the two regions most ideally placed to tap into these new opportunities are the Middle East and Southeast Asia.

Our footprint positions us perfectly to support clients in both directions of travel between Asia and MENAT, with experts on the ground in key markets in both regions. We are able in this report to highlight the key trading opportunities in each of the two regions for businesses from each of the other regions.

If you would like to speak in more detail to someone from HSBC about doing business in the region then please feel free to reach out to one of the team below. We've also included some further resources with more detail on the UAE, GCC, North Africa and Türkiye.

Hong Kong Recovery – Jan 2023
CEEMEA Economics – Q1 2023
Run Rabbit Run: China Research – January 2023
Asian economics – Q1 2023

Please speak to your Relationship Manager or an HSBC contact if you need access to the HSBC Research portal.

• ‘We the UAE’ Vision 2031 Plans
• Saudi Vision 2030 (PDF, 4.55 MB)
• China/GCC Free Trade Agreement
• Singapore - GCC Free Trade Agreement
• Dubai Chamber inaugurates new office in Hong Kong

UAE

Saudi Arabia

HSBC Saudi Arabia

SABB

Egypt