ASEAN urged to implement AEC Blueprint 2015 timely

The Association of Southeast Asian Nations (ASEAN) Wednesday was urged to implement the ASEAN Economic Community (AEC) Blueprint 2015 timely.

“This year’s ASEAN Economic Ministerial meeting takes place at a critical juncture when there is so much uncertainty about the global economy given the fiscal situations in the United States and members of the European Union. From Indonesia’s perspective, it is imperative that ASEAN implements the AEC Blueprint 2015 on time as this will bring benefits to all of its members and allow ASEAN to grow together with our dialogue partners,” said Indonesian Trade Minister Mari Elka Pangestu.

She also said that member countries need to strengthen ASEAN’s connectivity with the rest of Asia Pacific to make ASEAN well connected into Global supply chain.

“What we envision is an ASEAN which is competitive, inclusive, equitable, sustainable and resilient,” said Pangestu.

The 43rd ASEAN Economic Ministers (AEM) Meeting and Related Meetings were officially opened by Indonesia’s vice president in Manado, North Sulawesi province.

In addition to ASEAN ministers, economic ministers from ASEAN dialogue partners are also coming to have consultations with the AEM. They are ministers from Australia, China, India, Japan, Korea and New Zealand, as well as senior trade representatives from the United States and Russia.

These 18 countries represent more than 43% of total Global trade in Y 2010.

Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

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Posted by Shayne Heffernan on Aug 10th, 2011and filed underAsia.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site