1. Economic Ministers from the ten ASEAN Member States, the People’s Republic of China (“China”), Japan and the Republic of Korea (“Korea”) met virtually on 28 August 2020 for the 23rd AEM Plus Three Consultations. The Consultations were cochaired by H.E. Tran Tuan Anh, Minister of Industry and Trade of Viet Nam, H.E. Zhong Shan, Minister of Commerce of the People’s Republic of China, H.E. KAJIYAMA Hiroshi, Minister of Economy, Trade and Industry of Japan, and H.E. Yoo Myung Hee, Minister for Trade at the Ministry of Trade, Industry, and Energy of Korea.
2. The Ministers noted that, according to preliminary ASEAN data, total trade between ASEAN and the Plus Three Countries in 2019 reached USD 890.2 billion, representing 31.6 per cent of ASEAN’s total trade. This was a slight increase of 1.5 per cent from the previous year. Meanwhile, total Foreign Direct Investment (FDI) flows from the Plus Three Countries into ASEAN were valued at USD 32.0 billion in 2019, accounting for 19.9 per cent of total FDI inflows into ASEAN.
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Download the full ASEAN Plus Three Plan of Action on Mitigating the Economic Impact of the Covid-19 Pandemic here.
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The Association of Southeast Asian Nations, or ASEAN, was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of ASEAN: Indonesia, Malaysia, Philippines, Singapore and Thailand. Brunei Darussalam joined ASEAN on 7 January 1984, followed by Viet Nam on 28 July 1995, Lao PDR and Myanmar on 23 July 1997, and Cambodia on 30 April 1999, making up what is today the ten Member States of ASEAN.Menu - WHAT WE DO
ASEAN organs always strive to achieve ASEAN’s goals and objectives, the Secretary-General of ASEAN and the ASEAN Secretariat shall be functioned as coordinating Secretariat to help facilitate effective decision-making withing and amongst ASEAN bodies. In addition, each Member State shall appoint a Permanent Representative to liaise with Secretary-General of ASEAN and the ASEAN Secretariat
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ASEAN shall develop friendly relations and mutually beneficial dialogues, cooperation and partnerships with countries and sub-regional, regional and international organisations and institutions. This includes external partners, ASEAN entities, human rights bodies, non-ASEAN Member States Ambassadors to ASEAN, ASEAN committees in third countries and international organisations, as well as international / regional organisations.
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The rodmap for an ASEAN Community (2009-2015) was declared by the leaders in 2009. The ASEAN Community, anchored on three community pillars: Political-Security Community, Economic Community, Socio-Cultural Community was launched in 2015. The ASEAN 2025: Forging Ahead Together was introduced in 2015 as a Post-2015 Vision. It comprises the ASEAN Community Vision 2025, the ASEAN Political-Security Community Blueprint 2025, the ASEAN Economic Community Blueprint 2025 and the ASEAN Socio-Cultural Community Blueprint 2025
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