1. Economic Ministers from the ten ASEAN Member States and the Canadian Deputy Minister of International Trade met on 25 August 2015 in Kuala Lumpur, Malaysia for the Fourth AEM-Canada Consultations. The Consultations were co-chaired by H.E. Dato’ Sri Mustapa Mohamed, Minister of International Trade of Malaysia and Industry and Ms. Christine Hogan, Deputy Minister of International Trade of Canada.
2. The Meeting noted the developments in economic relations between ASEAN and Canada. According to Canadian statistics, two-way trade has grown significantly, reaching CAD 18.8 billion in 2014, which represents an increase of 10. 9 per cent from the previous year, and the highest level of two-way trade since the launch of the official Ministerial level dialogue between ASEAN and Canada. The stock of known Canadian foreign direct investment abroad in was CAD 7.96 billion in 2014. Canadian direct investment in ASEAN continues to exceed that in neighboring economies such as China, Hong Kong, Japan, and India.
3. The Meeting was pleased with the progress made in achieving the objectives of the 2014-2015 Work Plan to Implement the ASEAN-Canada Joint Declaration on Trade and Investment (JDTI). The ASEAN Ministers expressed their appreciation for Canada’s successful organisation of the ASEAN Next Generation CSR and Anti-Corruption Forum in February 2015 in Bali, which included private sector participation from ASEAN Member States. The Meeting noted on-going contributions to initiatives in support of the JDTI, such as the Singapore-based ASEAN Infrastructure Centre of Excellence.
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- ABOUT ASEANThe 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
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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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