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TOP ASEAN ECONOMIC OFFICIALS CONVERGE IN PH TO DISCUSS TRADE AND INVESTMENT PRIORITIES

PASAY CITY—As the Philippine hosting of the 49th ASEAN Economic Ministers’ (AEM) Meeting and Related Meetings formally opens today (7 September), top ASEAN economic officials are expected to deliberate on the region’s continuing efforts to further strengthen, deepen, and widen regional economic integration initiatives, as well as to discuss strategic trade and economic relations with ASEAN’s trading partners. 

 

The Philippine hosting of the 49th ASEAN Economic Ministers' Meeting and Related Meetings formally opened on 7 September with the presence of top economic officials from all 10 ASEAN Member States, as chaired by DTI Secretary Ramon Lopez. The ministerial meeting will run until 11 September. 

The Meetings to be convened from 7 to 11 September include the 31st ASEAN Free Trade Area (AFTA) Council Meeting, 20th ASEAN Investment Area (AIA) Council Meeting, AEM Consultations with Dialogue Partners (Australia, Canada, China, Hong Kong, India, Japan, Korea, New Zealand, Russia, United States, Plus Three, and the East Asia Summit), and the 5th Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting, among others.

“With the shared vision and collective will to promote an integrated, peaceful and stable community, we have progressed as a regional bloc utilizing a successful model of economic integration and cooperation under the framework of one ASEAN Economic Community (AEC),” said Department of Trade and Industry (DTI) Secretary and 2017 AEM Chair Ramon Lopez.
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 (Source: DTI Website)

 Date Posted: September 07, 2017

 

PRRD CALLS ON ASEAN TRADE OFFICIALS TO SUBSTANTIALLY CONCLUDE RCEP

 

TOP ASEAN TRADE OFFICIALS CALL ON PRRD. In line with the Philippine hosting of the 49th ASEAN Economic Ministers’ (AEM) Meeting and Related Meetings that will run until 11 September 2017, top trade officials of 10 ASEAN Member States (AMS) called on President Rodrigo Duterte on 6 September in Pasay City before the high-level meetings and consultations with ASEAN trade partners officially begins next day. President Duterte underscored continued cooperation among AMS in strengthening MSMEs and ensuring an inclusive and innovation-led growth in the region. The President likewise urged trade officials to remain committed in delivering substantial conclusion to the ongoing negotiations for the Regional Comprehensive Economic Partnership (RCEP). Left to Right: Lao DPR – H.E. Khemmani Pholsena, Malaysia – H.E. Dato Sri Mustapa Mohamed, Myanmar – H.E. Kyaw Win, Philippines – H.E. Ceferino Rodolfo, Thailand – Director General Boonyarit Kalanamit, Viet Nam – H. E. Tran Quoc Khanh, Philippine President Rodrigo Duterte, AEM Chair and DTI Secretary Ramon Lopez, Singapore – H.E. Lim Hng Kiang, Brunei Darussalam – H.E. Pehin Lim Jock Seng, Cambodia – Director General Sim Sokheng, Indonesia – H. E. Enggartiasto Lukita, and ASEAN Secretary-General H.E. Le Luong Minh. 

Seeks continuous support for MSME development

PASAY CITY—Philippine President Rodrigo Duterte urged top ASEAN trade officials to remain committed in delivering the Regional Comprehensive Economic Partnership (RCEP) agreement towards a substantial conclusion.

Top trade officials from the 10-member organization called on President Duterte on 6 September, a day before the Philippine hosting of the 49th ASEAN Economic Ministers’ (AEM) Meeting and Related Meetings officially opens.

“As we continue to steer ASEAN’s direction towards our shared goal of integrating the wider region into the economic global activity, we call on the parties in the ongoing Regional Comprehensive Economic Partnership (RCEP) negotiations to remain committed in delivering the agreement towards substantial conclusion,” said President Duterte in his speech.
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 (Source: DTI Website)

 Date Posted: September 07, 2017