ASEAN Economic Ministers discuss ASEAN Post-2025

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JAKARTA, INDONESIA—Department of Trade and Industry (DTI) Secretary Fred Pascual participated in the Special Retreat Session of ASEAN Economic Community (AEC) Council Ministers on the ASEAN Post-2025 held on 3 September 2023.

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During the retreat, the ASEAN Economic Ministers (AEM) exchanged views on the region’s economic performance and outlook, and provided guidance on the future direction in the ongoing development of the ASEAN Post-2025 Vision and Blueprint.

In view of challenges posed by global economic uncertainties and escalating threats of climate change, Secretary Pascual emphasized the importance of ensuring an enabling environment for recovery that prioritizes both sustainable and inclusive growth.

[L-R: H.E. Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry, Malaysia; H.E. Alredo E. Pascual, Secretary of Trade and Industry, Philippines; H.E. Gan Kim Yong, Minister of Trade and Industry, Singapore; H.E. Ekachat Seetvorarat, Deputy Permanent Secretary, Ministry of Industry and Trade, Thailand; Mr. Luong Hoang Thai, Director General, Ministry of Industry and Trade, Viet Nam; H.E. Airlangga Hartarto, Coordinating Minister for Economic Affairs, Indonesia; H.E. Dato Dr. Armin Liew Abdullah, Minister of Finance and Economy, Brunei Darussalam; H.E. Chan Nimul, Minister of Commerce, Cambodia; H.E. Zulkifli Hasan, Minister of Trade, Indonesia; H.E. Malaithong Kommasith; Minister of Industry and Commerce, Lao PDR; H.E. Francisco Kalbuadi Lay, Coordinating Minister for Economic Affairs, Timor Leste; H.E. Dr. Kao Kim Hourn, Secretary General of ASEAN]

Further, as the region is crafting its future policy direction through its Post-2025 agenda, the Trade Chief urged the region to prioritize and translate the endorsed elements in the ASEAN Vision 2045 into tangible investments in green technologies, renewable energy, and climate-resilient infrastructure, among others, to invigorate economic activities while ensuring the protection of our environment. END.

For further information on the release, please get in touch with:

DTI-Bureau of International Trade Relations (BITR)

4F DTI International Building, 375 Sen. Gil J. Puyat Ave., Makati City

Telephones: (+632) 8465.3300 loc. 423

Contact Person: Mr. Michael Allen C. Fernandez

Email Address: BITR@dti.gov.ph / MichaelAllenFernandez@dti.gov.ph

Website: www.dti.gov.ph

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