U.S. President Barack Obama has unveiled a new initiative to promote economic ties with members of the ASEAN countries.

美国总统奥巴马宣布一份与东盟国家加强经济合作关系的新计划。

The initiative, called US-ASEAN Connect, is designed to set up a network of hubs across the region to connect more entrepreneurs, investors and businesses.

Obama says the two sides agreed to encourage the entrepreneurship and innovation that are at the heart of modern competitive economies.