Jakarta, Sept. 23 -- The European Union-ASEAN Business Council (EU-ABC) has called on leaders from both regions to establish a flagship partnership on the ASEAN Power Grid (APG) and create structured cooperation to advance Southeast Asia's regional economic integration.

The proposed partnership would entail technical and financial support from the European Union to implement the grid, leveraging the EU's extensive experience in developing interconnected electricity systems and European funding projects.

"To date, 105 million euros (US$117 million) in grant funding has been allocated to various Team Europe initiatives on sustainable connectivity and the green transition," Executive Director of EU-ABC Chris Humphrey said in a statement re...