ASEAN Should Act Together to Continue Inclusive Growth, Says Minister

Translator

Antara

Editor

Petir Garda Bhwana

Senin, 8 Mei 2023 08:14 WIB

TEMPO.CO, Jakarta - Coordinating Minister for Economic Affairs Airlangga Hartarto stated on Sunday that ASEAN member countries should act together to ensure that the region can grow inclusively and sustainably.

"Collection action is done to handle various challenges at the regional level," he said during the 22nd ASEAN Economic Community Council Meeting Plenary Session.

These include geopolitical tension, climate change, supply chain disturbance, and increasing concern about food and energy security, which made the global community, including the ASEAN economy, have to be careful.

It is very important to discuss the appropriate response so that the ASEAN Economic Community (MEA) can stay relevant and effective within the coming years, he said.

Within the last few years, the ASEAN economy has experienced extraordinary growth, making the region a key player in the global economy.

ASEAN tried to be adaptive and agile, but it has to realize that the economic growth that it has achieved is not immune to global challenges.

Within this context, Hartarto underlined the ASEAN Economic Community's commitment to realize economic integration through inclusive development. ASEAN is expected to become a very competitive region with just, cohesive, and resilient economic development.

He stressed that the important capital to becoming a competitive region and having inclusive development is the will to handle and manage risks together.

Thus, it is important to underline ASEAN's centrality and connectivity principles to ensure that ASEAN is important, he noted.

The 22nd ASEAN Economic Community Council meeting was held on May 7, 2023.

According to the official website, the council's membership comprises designated ministers in charge of economic-related affairs and is chaired by the appropriate minister from the ASEAN Member State that holds the ASEAN Chairmanship.

ANTARA

Editor's Choice: BRIN Wants to be Collaboration Hub for Researchers in Southeast Asia

Click here to get the latest news updates from Tempo on Google News

Related News

Tides of Change: Innovating ASEAN's Blue Economy

4 hari lalu

Tides of Change: Innovating ASEAN's Blue Economy

Ocean and freshwater systems play a pivotal role in sustaining life on a large scale. To propel these, ASEAN Blue Innovation Challenge was launched.

Read More

Indonesia Set to Host AFF U-16 and U-19 Championship 2024

5 hari lalu

Indonesia Set to Host AFF U-16 and U-19 Championship 2024

Indonesia has been selected to host the prestigious AFF U-16 and U-19 Championships organized by the ASEAN Football Federation (AFF).

Read More

5 ASEAN Founding Member Countries, Indonesia Included

6 hari lalu

5 ASEAN Founding Member Countries, Indonesia Included

The following article will discuss the 5 founding countries of ASEAN and their figures and the goals of establishing ASEAN.

Read More

CIMB Niaga Partners with Principal Indonesia to Launch USD-Denominated Sharia-Based Equity Fund

11 hari lalu

CIMB Niaga Partners with Principal Indonesia to Launch USD-Denominated Sharia-Based Equity Fund

CIMB Niaga in partnership with PT Principal Asset Management or Principal Indonesia launched the Principal Islamic ASEAN Equity Syariah Mutual Fund.

Read More

Singapore PM Lee Hsien Loong Lauds Jokowi's Contribution to ASEAN

19 hari lalu

Singapore PM Lee Hsien Loong Lauds Jokowi's Contribution to ASEAN

Singapore PM Lee Hsien Loong acknowledged the contribution of Indonesian President Jokowi to both Indonesia and the ASEAN region.

Read More

Jokowi, Lee Hsien Loong Discuss Defense, Investment, and ASEAN Issues

19 hari lalu

Jokowi, Lee Hsien Loong Discuss Defense, Investment, and ASEAN Issues

Indonesian President Jokowi and Singapore PM Lee Hsien Loong emphasized the importance of continued cooperation between the two countries.

Read More

Thailand Urges Bigger ASEAN Role in Resolving Myanmar Conflict

22 hari lalu

Thailand Urges Bigger ASEAN Role in Resolving Myanmar Conflict

Thailand calls for the regional bloc ASEAN to take a more proactive role in trying to resolve the crisis in military-ruled Myanmar.

Read More

Indonesia, South Korea Aim to Strengthen Strategic Partnership in Vice Ministers Meeting in Seoul

14 Maret 2024

Indonesia, South Korea Aim to Strengthen Strategic Partnership in Vice Ministers Meeting in Seoul

Indonesia and South Korea are committed to continue strengthening the Special Strategic Partnership to advance various mutually beneficial cooperation

Read More

Today's Top 3 News: ASEAN-Australia Special Summit Produces Melbourne Declaration

7 Maret 2024

Today's Top 3 News: ASEAN-Australia Special Summit Produces Melbourne Declaration

Here is the list of the top 3 news on Tempo English today.

Read More

Indonesia at ASEAN-Australia Summit: Discusses Palestine, EV, and Rice Import with Cambodia

7 Maret 2024

Indonesia at ASEAN-Australia Summit: Discusses Palestine, EV, and Rice Import with Cambodia

Jokowi arrived in Indonesia on Wednesday evening, March 6, 2024, after a three-day visit to Melbourne for the ASEAN-Australia Summit.

Read More