KUALA LUMPUR: Second Finance Minister Datuk Seri Johari Abdul Ghani is leading a delegation to the 21st ASEAN Finance Ministers’ Meeting (AFMM21) in Cebu, the Philippines, beginning today.
Other meetings to be held on the sidelines of the two-day meeting is the the 3rd ASEAN Finance Ministers’ and Central Bank Governors’ Joint Meeting (AFMGM3) and related meetings, as well as, the 12th ASEAN Finance Ministers’ Investor Seminar (AFMIS12).
The Ministry of Finance (MOF), in a statement today, said AFMM21 would discuss the progress of ASEAN’s finance cooperation, including insurance, customs and taxation.
“AFMGM3 and its related meetings will deliberate on regional economic developments and outlook, as well as, the progress of ASEAN Economic Community (AEC) Blueprint and the Roadmap for Financial and Monetary Integration ASEAN (RIA-Fin),” it said.
“Malaysia’s participation in these meetings is important in ensuring the effective implementation of the AEC Blueprint 2025, designed among others, to create a deeply integrated and highly cohesive ASEAN.
“Hence, through these meetings, Malaysia will be able to safeguard the nation’s interest while strengthen cooperation with other ASEAN members,” the Finance Ministry said.
The meeting would also cover discussions on the progress of several initiatives, including the ASEAN+3 Finance Cooperation and other matters of common interest.
Meanwhile, MOF said AFMIS12 would bring together regulators and the private sector to promote ASEAN as an attractive and dynamic region for investment.
“These meetings are geared towards strengthening regional financial cooperation in line with the Strategic Action Plan for the ASEAN Financial Integration 2025,” it added. -- BERNAMA