The 54th MEA will focus on economic growth with ASEAN partners

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Cambodia is set to host the 54th ASEAN Economic Ministers’ Meeting (54th AEM) in Siem Reap province – home to the world’s largest Hindu temple complex, Angkor Wat – from September 14-18 with a priority program on growth in the region, economic recovery from the pandemic and trade with the most important economic powers, said the press release from the Ministry of Commerce.

Prime Minister Hun Sen will preside over the opening ceremony on September 14, the statement read.

The meetings will bring together economic ministers from the 10 ASEAN member states of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

From September 16 to 18, Ministers will hold a series of discussions with partners such as China, South Korea, Japan, Australia, New Zealand, India, the United States, Canada and Russia, Regional Comprehensive Economic Partnership (RCEP) Ministers and Eastern Ministers. Asian Summit (EAS) Economy Ministers, among others.

“The 54th MEA and related meetings will discuss the progress of ASEAN Economic Community integration, including but not limited to the progress of Priority Economic Deliverables (PEDS) under the Cambodian Presidency of the ASEAN 2022, post-COVID-19 economic recovery, ASEAN’s external economic relations,” the statement read.

The physical meetings will provide a window for deeper dialogues with economy ministers and country partners to kick-start and boost economic recovery during and after Covid-19, said Lim Heng, vice president of the Chamber of Cambodia trade.

As the ASEAN Economic Community in 2015, the bloc has strived to make Southeast Asia one of the fastest growing regions in the world and transform ASEAN into a market unique and a unique manufacturing base, Heng said.

“ASEAN ministers and ministers from key partner countries will sit in physical meetings to discuss and find
ways to revive the economy,” he added.

The CCC will also organize the ASEAN Business Advisory Council with representatives from 10 ASEAN member states in line with the 54th MEA, he said.

Timor-Leste’s ASEAN membership application and multilateral and regional issues will also be included in the meeting, read the
statement.

Founded in 1967, ASEAN includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

  • Key words: ASEAN, ASEAN Economy Ministers
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