China asean economic cooperation

Hanoi (VNA) - Economic ministers from ASEAN member countries, Australia, China, India, Japan, the Republic of Korea, New Zealand, Russia and the US met virtually on August 28 for the eighth meeting (EAS EMM) as part of the 52nd meeting of the 52nd ASEAN Economic Ministers (AEM-52) and relevant meetings. The East Asia Summit Economic Ministers Meeting (EAS EMM) was chaired by Vietnamese Minister of Industry and Trade Tran Tuan Anh. Participants applauded the growth of trade and investment flows among East Asian countries, while underlining that the COVID-19 epidemic has created many unexpected challenges to people's lives as well as socio-economic development for most economies in the world. They urged the continued strengthening of regional economic cooperation and coordination to repel the pandemic, towards ensuring economic development in the whole region and the macro-economic stability. Participants emphasised the importance of maintaining supply chains in the … [Read more...] about Meeting promotes ASEAN – East Asia economic cooperation

Jakarta (VNA) – The Association of Southeast Asian Nations (ASEAN) welcomes the United Kingdom (UK)’s proposal to become the grouping’s dialogue partner to explore bilateral economic cooperation potential, said Indonesian Minister of Trade Agus Suparmanto. The Indonesian minister was attending the "AEM Troika Open-ended Dialogue with UK Trade Ministers" that was held online as part of the 52nd ASEAN Economic Ministers Meeting (AEM-52) which is taking place from August 22-29. He said that during the event, participants discussed various global and regional development issues related to COVID-19 pandemic, Brexit, and UK tariff simplification based on World Trade Organisation (WTO) rules. He held that ASEAN and the UK share high potential of cooperation in areas of digital economy, financial technology, especially among micro, small and medium-sized enterprises, as well as in environment. Statistics from the ASEAN Secretariat shows that the UK is the 13th ASEAN … [Read more...] about ASEAN, UK boast high economic cooperation potential: Indonesian official

Hanoi (VNA) – The Economic Ministers of ASEAN member states and their partner countries on August 28 emphasised the importance of further strengthening regional economic cooperation and promoting economic growth post COVID-19. In a Joint Media Statement issued after the 8th East Asia Summit (EAS) Economic Ministers’ Meeting, which was held in the form of a video conference as part of the 52nd ASEAN Economic Ministers’ Meeting and related meetings (AEM-52),  the Economic Ministers from the ten ASEAN Member States, Australia, China, India, Japan, the Republic of Korea, New Zealand, Russia and the United States underscored the importance of strengthening regional supply chains to make them resilient and less vulnerable to shocks and to advance sustainable economic growth. They reaffirmed their commitment to promote trade and investment, minimize disruptions to trade and global supply chains and facilitate supply chain connectivity, including for essential goods … [Read more...] about ASEAN, partners agree to promote post-COVID-19 economic cooperation

The UK and ASEAN agreed that the current economic climate presents an opportunity to build a greener and more sustainable global economy, in line with the objectives of the Paris Agreement in advance of COP26, next year. Ms Truss outlined the critical opportunities that could enable countries to take an early adopter advantage in low-carbon as a response to COVID-19. She encouraged sustainable infrastructure investment and approaches to stimulate green growth as part of wider economic recovery plans. … [Read more...] about Boosting economic cooperation to support recovery from COVID-19 takes priority at the first ever UK-ASEAN Economic Dialogue

Participants agreed to give priority to facilitating economic recovery following the pandemic, as well as strive to sign the Regional Comprehensive Economic Partnership this year, thus expressing support for regional multilateral trade system and regional economic integration. … [Read more...] about ASEAN economic ministers hold consultation with Australia, New Zealand