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Regional Cooperation: Inaugural Meeting of ASEAN Geo-economics Task Force

18 May 2025
54666
2025-05-18 10:49

Myanmar delegation, led by Deputy Minister for Investment and Foreign Economic Relations, Dr. Wah Wah Maung, Myanmar's Lead of the ASEAN Geo-economics Task Force, attended the inaugural meeting of ASEAN Geo-economics Task Force on 16th May.

During the meeting, the task force members exchanged views on the regional economic landscape, current trade policy developments, and envisioned for future actions for the ASEAN region in response to evolving global trade dynamics.

At the meeting, the Deputy Minister highlighted the key challenges and opportunities faced by ASEAN Member States due to the shifts of current global geo-economic and trade policy changes as well as benefits and risks, the potential initiatives and areas for strengthening collaboration among ASEAN Member States. She underscored for enhancing information exchange and collective way forward in the region.

With the approval of the Special Meeting of ASEAN Economic Ministers on 10th April 2025, the ASEAN Geo-economics Task Force was established to assess the risks and opportunities from the current global trade shifts, and submit the policy recommendations to ASEAN Economic Ministers. The Task Force is composed of two representatives from each ASEAN Member State, one at Deputy Minister level and one Expert representing from non-governmental perspectives.

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