The ASEAN Business Advisory Council (ASEAN-BAC) urged policymakers to take concrete action on trade facilitation, connectivity and digital transformation during its online dialogue session with ASEAN Economic Ministers (AEM) on Wednesday.
ASEAN-BAC Chair Neak Oknha Kith Meng urged the AEM to implement critical reforms which are crucial for the realisation of the 2025 ASEAN Economic Community (AEC) Strategic Blueprint, the five to six perfect annual trajectory growth of ASEAN and ASEAN as the fourth largest economy in the world by 2030.
He also urged economic ministers to push for full Regional Comprehensive Economic Partnership (RCEP) participation of all 10 ASEAN member states, as well as for a green and sustainable economic recovery.
He emphasised that the private and public sectors should work closely to address challenges together to realise the ASEAN aspiration.
Meanwhile, Legislative Council member and Co-Chair of the ASEAN-BAC 2022 Yang Berhormat Siti Rozaimeriyanty binti Dato Seri Laila Jasa Haji Abdul Rahman updated the AEM on the Harnessing Impact With Resilient Employability Digitally (HIRED) legacy project and the Chairmanship 2021 report.
She said three initiatives in the pipeline are data analytics pilot programme working bilaterally with United Kingdom’s (UK)-Department for International trade, launching of a private sector page on the SEA-VET.net in collaboration with GIZ RECOTVET and SEAMEO Voctech, and seeking endorsement support from the ASEAN Coordinating Committee on micro, small and medium enterprises (ACCMSME) in expanding the project across the region.
Date of Release: 20 March 2020
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March 23, 2022
