1. The 50th Meeting of the ASEAN Economic Ministers (AEM) was held on 29 August 2018. It was chaired by H.E. Chan Chun Sing, Minister for Trade and Industry, Singapore. The 50th AEM was preceded by a preparatory meeting of the ASEAN Senior Economic Officials (SEOM). The AEM also held joint meetings with the 32nd ASEAN Free Trade Area (AFTA) Council and the 21st ASEAN Investment Area (AIA) Council.
2. The Ministers exchanged views on global and regional developments and reviewed the implementation of the ASEAN Economic Community (AEC) Blueprint 2025, including progress in ASEAN’s external economic relations. The Ministers highlighted that Singapore’s Chairmanship theme of “resilient and innovative” has created the momentum for ASEAN to make strides in its work on the digital economy and e-commerce, among others, which contributed to the region’s long-term competitiveness amidst the threat of escalating trade tensions and continued global uncertainties.
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