1. Economic Ministers from the ten ASEAN Member States and the Minister of Trade, Industry and Energy of the Republic of Korea met on 4 August 2016, in Vientiane, Lao PDR, for the Thirteenth AEM-ROK Consultations. The Consultations were co-chaired by H.E. Mrs Khemmani Pholsena, Minister of Industry and Commerce of Lao PDR, and H.E. Joo Hyunghwan, Minister of Trade, Industry and Energy of the Republic of Korea (ROK).

2. ROK commended the establishment of the ASEAN Economic Community (AEC) in 2015 as a major milestone in regional economic integration. ROK also welcomed the new AEC Blueprint 2025, which envisages an AEC by 2025 that is highly integrated and cohesive; competitive, innovative and dynamic; with enhanced connectivity and sectoral cooperation; a more resilient, inclusive, and people-oriented, people-centred community; and integrated with the global economy.

Download the Full Statement Here.