ASEAN economic ministers’ meeting optimistic about regional growth
The ASEAN Economic Ministers’ (AEM) Special Meeting 2022 showed optimism that the region will return to pre-pandemic levels, with GDP growth expected to reach 4.9 percent in 2022 and 5.2 percent in 2023.
ASEAN economic ministers’ meeting optimistic about regional growth (Photo: //asean.org/)
Jakarta (VNA) – The ASEANEconomic Ministers’ (AEM) Special Meeting 2022 showed optimism that the regionwill return to pre-pandemic levels, with GDP growth expected to reach 4.9percent in 2022 and 5.2 percent in 2023.
Themed “Addressing challenges together”, the event was held onMay 18 in Bali, Indonesia, under the chair of Cambodia.
According to a joint statement approved at the event, the meeting had afruitful discussion and exchange of views on ASEAN’s collective effort and strategyto address regional and global issues, mitigate their potentially adverseimpact on ASEAN’s economy, and push forward ASEAN centrality in strengtheningeconomic integration in the region.
The meeting noted that the fast-changing global economic landscape is bringing both new opportunities and challenges to the region.
Digital technology and sustainable development are emerging as new drivingforces for the future growth of ASEAN, the statement said.
Meanwhile, current geopolitical tensions, disruptions on global economic andtrade activities, and climate change highlight the imperative for the regionto strengthen community-building efforts, it added.
The statement underlined theimportance for ASEAN to reaffirmits commitment and determination to work together to ensure that the ASEANEconomic Community remains relevant, competitive, inclusive, sustainable,cohesive, and resilient in the post-pandemic world.
💖 Themeeting also stressed that ASEAN needs to remain vigilant and accelerate theimplementation of the ASEAN Comprehensive Recovery Framework (ACRF) to navigateglobal challenges and to ensure that the ASEAN economy is able to bounce backbetter and stronger./.
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The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
ASEAN economic ministers’ meeting optimistic about regional growth (Photo: //asean.org/) 
