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Ministry of International Trade and Industry Malaysia Official Blog

AEM Makes Steady Progress Towards AEC Blueprint

Posted by admin2 on June 15, 2015 at 12:47 pm
KOTA BAHARU, March 1 (BERNAMA) — ASEAN economic ministers (AEM) today wrapped up their two-day retreat here with a steady progress made towards implementing the ASEAN Economic Community (AEC) Blueprint, particularly key measures prioritised by member states.

As the regional grouping moves towards the tail-end of the AEC implementation, it has progressively removed trade obstacles such as Non-Tariff Barriers (NTB), which are a clear impediment towards the realisation of the AEC.

“There are a number of highlights (achieved) during this retreat. We’d talked about NTBs, listened to reports on the progress of the economic integration, and spent a lot of time on the Regional Comprehensive Economic Partnership (RCEP),” International Trade and Industry Minister Datuk Seri Mustapa Mohamed told reporters on the final day of the two-day 21st ASEAN Economic Ministers’ Retreat (AEM) here, Sunday.

Mustapa, who chaired the retreat, said eliminating non-tariff barriers is very important as emphasised by Prime Minister Datuk Seri Najib Tun Razak.

So far, ASEAN managed to settle 45 NTBs out of 69 identified, he added.

Meanwhile, in a joint statement issued after the retreat, ASEAN has put in place legal structures on competition, consumer protection and intellectual property, contributing to an improved environment for business.

“Benefits are already flowing to ASEAN businesses and consumers, from significant tariff liberalisation, progress in trade facilitation measures such as self-certification, simplification of customs procedures, and the Mutual Recognition Arrangements on the movement of skilled professionals in the region,” the ministers said.

They concluded that the focus for this year would be on further simplification of Customs procedures, harmonisation of standards, liberalisation of services and trade facilitation, as well as, conclusion of the services and investments portion of the ASEAN-Japan Comprehensive Economic Partnership.

The ministers also discussed the progress in developing the SME Strategic Action Plan, with a specific focus on micro and small enterprises, and the promotion of globally accepted regulatory practices.

The progress in developing a comprehensive vision for the AEC beyond 2015 were also deliberated during the retreat.

The AEC would require further enhancements to meet the demands and challenges over the next ten years, thus ASEAN needs to constantly innovate and strengthen itself to ensure that the region continues to be globally competitive.

“We have discussed the outline for ASEAN post-2015. It is still work in progress, but it will make ASEAN more attractive for business. We’re now number seven in the world.

“In terms of economy, we are the fastest growing, exceeding five percent. We’re convinced that ASEAN will become one of the most dynamic regions in the world,” Mustapa said.

On the RCEP, he said seven rounds of negotiations had been completed since its commencement in 2013.

“The next meeting will be in Kyoto, (Japan) but before that there will be a meeting in Jakarta in April,” Mustapa said.

Among outstanding issues yet to be finalised are those on trade in goods, trade in services and investment.

When concluded, the RCEP will link the economies of ASEAN, Australia, China, India, Japan, South Korea and New Zealand.

The envisioned grouping will account for half the world’s population and almost 30 per cent of the global economy.

Noting the complexities of this significant undertaking, the ASEAN economic ministers reiterated the commitment to complete the negotiations by year-end.

During the retreat, the ministers also welcomed the strong contribution of the private sector and other stakeholders to the work of the AEC.

The recommendations of the ASEAN Business Advisory Council and other private sector organisations would be reviewed to further fostering and facilitating trade and investment opportunities in the region and beyond, Mustapa said.

On the current economic situation, the ministers expressed confidence that the region’s economies would maintain their momentum in 2015 despite the global economic and geopolitical challenges.

ASEAN’s economic performance is expected to improve 5.1 per cent this year, above the 3.5 per cent global growth projection.

This is based on the stronger demand in advanced economies, energised by the robust US recovery and several policy stimulus measures in Eurozone and Japan.

The ASEAN economic ministers have been huddled here from Friday for a crucial meeting to advance plans for the establishment of the AEC.

Malaysia assumed the ASEAN chairmanship on Jan 1, taking over from Myanmar and its theme for the chairmanship is “Our People, Our Community, Our Vision.”

ASEAN (the Association of Southeast Asian Nations) groups Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
 

3 comments for this post
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Posted on July 29, 2022 at 5:00 pm
 
Sekarang adalah SAMNAK SAMBODHI (Taman Desa Jaya, Kepong) ialah tempat menyimpan hantu dan tempat membuang hantu oleh presiden YIP KUM FOOK (MCA Gombak) kerana presiden ini dalam perkara yang lebih kotor di kuil, dia tidak fikir dia sendiri adalah hantu besar dan syaitan di Malaysia, dari dulu hingga sekarang tidak pernah berhenti buat jahat, hari ini ramai orang Kepong tahu tentang dia dan apa yang dia buat

Sekarang kawan dia musuh dia sebab dia curang dengan kawan karib dia, lepas dia tipu dan jual sebidang tanah di Johor kat Encik Lim dan Encik Lim bayar dia semua, lepas tu Encik Lim nak tengok tanah tu. tetapi tidak ada tanah, Encik Lim adalah yang terakhir mengupah peguam untuk mendapatkan wang itu balik

YIP KUM FOOK tidak berasa malu dan dia sangat bodoh untuk menipu orang, mungkin dari generasi atuk dan nenek, YIP KUM FOOK seperti manusia tidak mudah mati kerana dia perlu menderita di dunia ini untuk masa yang lama, semua yang dia lakukan atau buat, dan semua akan berpindah kepada anak-anaknya akan dapat derita

menambahkan sangat penting untuk menjadi presiden kuil (persatuan Buddha), ini adalah banyak dosa dan karma berat untuk mengikuti ajaran Buddha, agama Buddha bukan untuk anda bermain dan menghina, kerana agama Buddha adalah agama manusia hormati seluruh dunia

satu hari nanti dia akan terima apa yang dia buat, awak tak boleh lari dari apa yang awak buat, awak akan hidup sendiri dan tanpa kawan..kita bersama menolak orang jahat di Malaysia dan kita sayang Malaysia

Daripada Rakyat Kepong (Mr. Ng & Mr. Lim)
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Posted on May 30, 2022 at 8:01 pm
 
About YIP KUM FOOK, it is better to you are escape from the Kepong area because you were my good friend in the previous days until today

YIP KUM FOOK better leave Kuala Lumpur area because someone to report to police and Sentul Police Station and Breakfield Police Station want you

We know you make more mistakes but you can't run away from the country's laws, on last time you can solve problems with pay money to shut people-mouth up, but now it's different, now is the age of technology like the internet

I hope, you will understand me what I said in the verses above, I love you in my heart like my brother and I will protect you from what people gossip about you..ok

Lee, Selayang
image
Posted on May 10, 2022 at 7:09 am
 
In this world YIP KUM FOOK is very lucky because he is a lawyer do not have to study law, also do not have to go to law school, other lawyers have to study law for up to six years to become a full lawyer

YIP KUM FOOK is a good friend of mine and he is a businessman as furniture items in Taman Daya, close to Taman Desa Jaya, Kepong and also he is like playing politics, in 1990 something he became MCA chairman in Taman Daya, Kepong…

Later, he became the president of SAMNAK SAMBODHI BUDDHIST TEMPLE, Taman Desa Jaya, Kepong in 1994 something and he rejected the old president (Shia Kok Sun), then he took the presidency at that time, that everyone knows about it, in what happened at SAMNAK SAMBODHI

He wants to be a lawyer because he wants to play politics, many politicians have some degree or gradually in education, and he also follows people in what they have, he does not see himself from what he came, now many know the origin of YIP KUM FOOK as well…..

Ah Chin, Taman Desa Jaya, Kepong

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