ASEAN Countries Collaborate to Foster Inclusive Economic Growth and Shared Prosperity

The 44th Meeting of the High-Level Task Force on ASEAN Economic Integration and Related Meetings
ASEAN Countries Collaborate to Foster Inclusive Economic Growth and Shared Prosperity (photo: Antara)
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The ASEAN countries recently convened for a momentous meeting, seen as a significant opportunity to propel the economic growth of the region. This meeting aimed not only for rapid progress but also to ensure that the benefits of this growth are distributed evenly and yield tangible outcomes for the people.

Edi Prio Pambudi, the Deputy for Coordination of International Economic Cooperation at the Coordinating Ministry for Economic Affairs, shared these thoughts after the successful conclusion of The 44th Meeting of the High-Level Task Force on ASEAN Economic Integration and Related Meetings, which took place on July 30, 2023, in the scenic location of Lombok, West Nusa Tenggara.

The gathering was a momentous occasion, marked by high-level discussions and policy deliberations, aimed at generating essential policy recommendations pertaining to economic pillars. These recommendations will be presented to the heads of state/government during the upcoming ASEAN Summit, which is scheduled to take place in Jakarta in September 2023.

In the course of the meeting, participants engaged in comprehensive discussions on various vital matters. Topics of utmost importance included the blue economy framework, strategies for carbon neutrality, and the pressing issue of electric vehicles. The conversations went beyond mere recommendations, as Edi emphasized the significance of translating these policy suggestions into concrete actions.

He stressed the need to achieve tangible results that can be felt and experienced at the grassroots level, ensuring that the ASEAN Chairmanship, presently held by Indonesia, leaves a positive impact before transitioning to Laos.

During the meeting, the ASEAN countries also sought to reinforce regional cooperation as a means to stimulate economic growth. In the midst of a rapidly evolving geopolitical landscape, there is a growing interest among many countries to engage in trade, investment, and other collaborative endeavors with the ASEAN nations.

The participants were united in their vision to ensure that such cooperation benefits not just a select few but everyone involved. Their aspiration is to foster renewal within ASEAN, making it a more productive and efficient entity that actively contributes to the welfare of all its members.

The overall spirit of the gathering was to harness the collective strength of the ASEAN countries to foster inclusive economic growth, addressing disparities and promoting shared prosperity.

The region seeks to emerge as a dynamic force, not only regionally but also in the global arena. With an unwavering commitment to sustainable development and equitable progress, ASEAN aims to make substantial strides in uplifting the lives of its people and positioning itself as a beacon of progress and cooperation in the international community. The outcomes of this momentous meeting will undoubtedly play a pivotal role in shaping the region’s economic landscape and setting the course for a brighter and more promising future for all.