Close  

Asean to strengthen intra-bloc economic strength

/ 04:37 PM August 05, 2018

Viet Nam News/Asia News Network Photo

SINGAPORE — Foreign ministers from Asean countries have agreed to enhance internal strength through increasing intra-bloc trade and investment and regional economic connectivity.

The 51st Asean Foreign Ministers’ Meeting (AMM 51) ended last Thursday in Singapore with a Joint Communiqué urging the bloc to enhance its internal strength through increasing intra-bloc trade and investment and regional economic connectivity.

ADVERTISEMENT

The Foreign Ministers of the 10 Asean countries also reached consensus on building a resilient and innovative Asean on the foundation of the implementation of reached targets and initiatives, including the launch of the Asean Smart Cities Network, cooperation in cyber security and harmonisation of legal frameworks.

The ministers agreed to continue efforts for the effective implementation of the Asean Community Vision 2025 and blueprints for building the Community’s three pillars, narrowing the development gap, enhancing connectivity, and to promote links between those blueprints and theUnited Nations 2030 Agenda for Sustainable Development.

FEATURED STORIES

In the context of natural disasters in the region, including the dam collapse in Laos, the ministers called for increasing mutual cooperation and support, including the role of the Asean Coordinating Center for Humanitarian Assistance on Disaster Management (AHA Center).

On the bloc’s external relations, the ministers acknowledged progress in cooperation between Asean and its partners and agreed to further bolster ties.

The ministers agreed to build the Asean-China Strategic Partnership Vision 2030 to be adopted at the 21st Asean-China Summit in November this year, convene the 21st Asean-Japan Summit to commemorate the 45th anniversary of Asean-Japan ties also in November, and hold the 4th Asean-Russia Summit at the end of this year.

The ministers also signed documents to extend the Treaty of Amity and Cooperation with Argentina and Iran, bringing the number of signatories to 37.

Regarding the South China Sea, the Asean ministers reaffirmed the importance of maintaining peace, security, stability, safety and freedom of navigation and overflight in the disputed sea. They took note of concerns on the land reclamations andactivities in the area, which have eroded trust and confidence, and may undermine peace, security and stability in the region.

The ministers urged self-restraint in the conduct of activities and avoid actions that may further complicate the situation and escalate tensions in the East Sea, and the peaceful settlement of disputes in accordance with international law, including the 1982 UNCLOS, along with the full and effective implementation of the 2002 Declaration on the Conduct of Parties in the East Sea (DOC).

They took note of the progress of negotiations toward an effective Code of Conduct in the East Sea (COC), including the agreement on a Single Draft COC Negotiating Text, and emphasised the need to maintain an environment conducive to the COC negotiations.

ADVERTISEMENT

Addressing the AMM 51 and related meetings, Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh underlined the multi-faceted progress made in internal Asean cooperation and between Asean and its partners.

Amid rapid and unforeseeable developments in regional and global situations, the Vietnamese Deputy PM proposed that Asean focus more on intra-bloc cooperation. 

He also suggested that the bloc maintain solidarity and its central role, while enhancing its collective capacity to respond to arising challenges.

Deputy PM Minh also shared concerns about recent activities in the waters, including militarisation, which he said affected peace, security in the region and trust among countries. He urged concerned parties to restrain themselves, avoid actions that can complicate the situationwhile adhering to agreed principles and commitments, including those mentioned in the DOC, thus maintaining an environment conducive for the negotiation of the COC.

On the sidelines of the summit, Deputy PM and foreign minister Minh held meetings with several of his counterparts from Cambodia, Lao, Malaysia, Japan and Norway.

Previously, he met Singaporean President Halimah Yacob and Prime Minister Lee Hsien Long, where the host leaders and guest expressed appreciation at the growing bilateral ties with increasing political trust.

Read Next
LATEST STORIES
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: ASEAN, Asia, Business, economy
For feedback, complaints, or inquiries, contact us.
lifestyle

This jewelry designer is also an architect

November 22, 2019 05:35 AM

sports

Becoming his own man

November 22, 2019 05:30 AM

business

PDIC to sue AMA Bank brass, employees

November 22, 2019 05:26 AM



© Copyright 1997-2019 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.