Joint Media Statement of The Second AEM Troika Open-Ended Dialogue with Switzerland Trade Minister

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Joint Media Statement of The Second AEM Troika Open-Ended Dialogue with Switzerland Trade Minister

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  1. Economic Ministers from the ten ASEAN Member States and Switzerland (“The Meeting”) held a virtual meeting on 13 September 2021 for the 2nd ASEAN Economic Ministers (AEM) – Switzerland Dialogue. The Dialogue were co-chaired by H.E. Dato Dr. Amin Liew Abdullah, Minister at the Prime Minister’s Office and Minister of Finance and Economy II, Brunei Darussalam and H.E. Guy Parmelin, President of the Swiss
    Confederation and Head of the Federal Department of Economic Affairs, Education and Research of Switzerland.
  2. The Meeting noted the performance of ASEAN – Switzerland bilateral trade and investment that remains strong despite the pandemic. According to the ASEAN statistics, two-way trade between ASEAN and Switzerland in 2020 was recorded at USD 25.8 billion, up from the previous year at USD 25.1 billion. Foreign Direct Investment (FDI) also recorded a positive trend in 2020 compared to 2019. In 2020, FDI from Switzerland to ASEAN was recorded at USD 4.6 billion; an increase from 2019 which recorded FDI of USD 4.2 billion.

Download the full statement here.

(SEPTEMBER 2021) 53rd AEM Meeting_AEM Troika Open-ended Dialogue with Switzerland Trade Minister

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