ASEAN senior economic officials meet in Hanoi

Update: 10:11 | 15/01/2020

The first meeting of the ASEAN senior economic officials for the fifty first ASEAN Economic Ministers’ Meeting (SEOM 1/51) was held in Hanoi from January 12 to 14.

The Vietnamese Ministry of Industry and Trade chaired the event which saw the participation of representatives from other ministries such as foreign affairs, finance, transport, science-technology, information and communications, agriculture and rural development, planning and investment, and the State Bank of Vietnam.

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Delegates at the event.

Senior economic officials of the Association of Southeast Asian Nations (ASEAN) members, and representatives from the ASEAN Secretariat were also present at the event.

Based on the theme of the ASEAN Year 2020 “Cohesive and Responsive”, Vietnam put forth three priority orientations under the ASEAN economic pillar: promoting intra-bloc economic integration and connectivity, intensifying partnerships for peace and sustainable development, and enhancing the bloc’s adaptive capacity and operational efficiency.

In order to implement the theme and priorities of ASEAN in 2020, Vietnam built 14 specific initiatives, priorities and specific cooperation plans for discussion, consultation and agreement with the ASEAN member states at the first meeting.

Vietnam’s initiatives were highly appreciated by other ASEAN countries as they help ensure that ASEAN will continue cooperation in 2020 and the following years to accelerate the process of establishing the ASEAN Economic Community as scheduled by ASEAN leaders, thus strengthening the bloc’s central position in the regional and global economic cooperation frameworks.

During SEOM 1/51, participants discussed reports of specialised working groups on portfolio of goods, services, investment, trade facilitation, quality standards, small-and medium-sized enterprises, and rules of origin.

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Source: VNA

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