Cambodia Hosts 44th ASEAN Economic Minister Meeting

26 August 2012
The Southeast Asia Weekly
Economy and commerce / Siem Reap / Social development / The poor / Trade / Trade policy and regulation
ASEAN / ASEAN Economic Community / ASEAN economic integration 2015 / ASEAN Economic Ministers Meeting / ASEAN Integration / CLMV / CLMV countries / Economic Development / Mekong countries

The 44th economic ministers (AEM) meeting and related meetings will be held from 25 August-1 September, 2012 in Siem Reap province. The ministers will focus on the economic community in 2015 and boost economic council to move forward because this community is going smoother than other two pillars; political and security community and social-cultural community. Cambodia also 4th CLMV economic ministers meeting in Siem Reap to boost regional integration while four countries in this Mekong sub-region need to further investment from outside world. … “There are continuing challenges and downside risks including the sovereign debt crisis and fiscal problems in some developed markets, rising food and commodity prices, continued financial market stresses. The Ministers agreed that ASEAN should remain vigilant in the face of these risks and stressed that the region should continue to harness its competitive strength through deeper integration and implement its economic integration initiatives in a timely manner.” It stresses.