Latest news with #RegionalComprehensiveEconomicPartnership
Barnama
4 hours ago
- Business
- Barnama
Malaysia To Ensure ASEAN Unite For Regional Stability And Peace
KUALA LUMPUR, July 29 (Bernama) -- Malaysia will ensure that ASEAN will be stronger and move in step or in tandem for global stability, prosperity and peace, said Prime Minister Datuk Seri Anwar Ibrahim. He said Malaysia is committed to driving the implementation of the Regional Comprehensive Economic Partnership (RCEP), accelerating the ASEAN Power Grid and finalising the ASEAN Digital Economy Framework Agreement to ensure an open, fair and sustainable economic future for the 660 million people in the region. "Therefore, ASEAN will continue to speak out, ensure harmony and lead with determination, and not just follow the global order," he said in a Facebook post today. The Prime Minister said the world is currently beset by great power tensions, a gruelling geo-economic race and the collapse of multilateralism. Anwar said in this regard, ASEAN must not weaken, divide and lag behind but must unite to strengthen ASEAN's role and ensure that the region's voice continues to be respected. For example, he said Malaysia as the 2025 ASEAN Chairman has led efforts to reconcile Cambodia and Thailand, two neighbouring countries that were almost dragged into a more serious conflict. "With the active involvement of China and the United States, we have succeeded in reaching an agreement on an immediate and unconditional ceasefire. "This is proof that diplomacy must underpin our efforts to embody peace and firm leadership," he said. Anwar, who is currently on a working visit to Indonesia, also announced that he was appearing for the first time at the ASEAN Secretariat Building based in Jakarta in conjunction with Malaysia's important role as ASEAN Chairman this year.
The Star
9 hours ago
- Business
- The Star
Asean must focus on building a more integrated and resilient economy, says Anwar
JAKARTA: It is imperative that Asean focus its energies inward, towards building a more integrated and resilient economy in facing today's global economic headwinds, says Datuk Seri Anwar Ibrahim. In his policy speech delivered at the Asean secretariat here on Tuesday (July 29), the Prime Minister, who is also the current chair of the grouping, said the region is home to a vast and vibrant market of 660 million people. "The potential is undeniable but to realise it fully, we must narrow the existing development gaps and forge stronger, more equitable economic linkages across member states,' he said. According to Anwar, at the 47th Asean Summit in Kuala Lumpur, Asean will once again demonstrate its collective commitment towards improving the unimpeded flow of goods within the region. "Through renewed efforts to reduce tariff and non-tariff barriers, we are taking meaningful steps towards creating a more seamless and dynamic Asean economic community that works for all," he said. The Prime Minister said the Regional Comprehensive Economic Partnership (RCEP) is central to this vision. "As the world's largest trade agreement, it reinforces Asean's role as the linchpin of regional economic architecture. "We expect the 5th RCEP leaders' meeting to also take place on the sidelines of the 47th Asean Summit, thus presenting an opportunity for us to ensure that RCEP delivers tangible benefits for our businesses, workers and communities,' he said. Anwar also said the grouping looks forward to strengthening its position in an increasingly competitive global economy. "We must also do more to ensure that businesses can operate with confidence and clarity across our borders,' he added. The Prime Minister said the success of the Asean-GCC-China Summit is a clear signal that Asean is ready to build new bridges and unlock new partnerships. "It also reaffirms our shared determination to shape a future based on mutual respect, shared growth and strategic cooperation." Anwar said the digital economy will be a key driver of Asean's next phase of growth. "That is why the region is increasing efforts to conclude the Asean Digital Economy Framework Agreement while modernising existing trade agreements with strategic partners, including China, India and South Korea," he said. These efforts reflect Asean's readiness to embrace change and position the grouping at the forefront of digital transformation, he added. According to Anwar, Asean must be an agent of change - one that has the capacity to shape the global rules and norms to remain open, inclusive and firmly rooted in the principle of justice. He said Asean's commitment to regionalism and multilateralism remains the anchor of the region's collective stability and progress. "As an outward-looking organisation in a multipolar world, Asean must continue to punch above its weight by broadening its global partnerships. "Deepening ties and strategic links with diverse partners is not a choice - it is a strategic imperative. But we should engage as equals. And above all, we must be the speakers and not the spoken for,' he added. Anwar is currently in Indonesia for a two-day working visit for the 13th Malaysia-Indonesia Annual Consultation. Earlier, he was welcomed by Indonesian President Prabowo Subianto at Istana Merdeka in Central Jakarta. Both leaders then proceeded to a one-on-one meeting to discuss a range of bilateral issues. - Bernama
The Sun
10 hours ago
- Business
- The Sun
ASEAN must build integrated, resilient economy amid global challenges
JAKARTA: ASEAN must prioritise building a more integrated and resilient economy to navigate global economic challenges, said Prime Minister Datuk Seri Anwar Ibrahim. Speaking at the ASEAN Secretariat, Anwar emphasised the region's potential as a vibrant market of 660 million people. 'The potential is undeniable, but to realise it fully, we must narrow the existing development gaps and forge stronger, more equitable economic linkages across member states,' he said. At the upcoming 47th ASEAN Summit in Kuala Lumpur, ASEAN will reaffirm its commitment to improving the flow of goods within the region. 'Through renewed efforts to reduce tariff and non-tariff barriers, we are taking meaningful steps towards creating a more seamless and dynamic ASEAN economic community that works for all, not just for some,' Anwar added. The Regional Comprehensive Economic Partnership (RCEP) remains central to ASEAN's economic vision. As the world's largest trade agreement, it strengthens ASEAN's role as a key player in regional economic architecture. The 5th RCEP Leaders' Meeting, set to take place alongside the summit, will focus on ensuring tangible benefits for businesses and workers. Anwar also highlighted the importance of digital transformation in driving ASEAN's next phase of growth. Efforts are underway to finalise the ASEAN Digital Economy Framework Agreement and modernise trade agreements with partners like China, India, and South Korea. 'ASEAN must be an agent of change – one that has the capacity to shape global rules and norms to remain open, inclusive, and firmly rooted in justice,' he said. The bloc's commitment to multilateralism remains vital for stability and progress. 'Deepening ties with diverse partners is not a choice – it is a strategic imperative. But we should engage as equals. Above all, we must be the speakers and not the spoken for,' Anwar concluded. – Bernama
Borneo Post
10 hours ago
- Business
- Borneo Post
PM Anwar: Asean must focus on building more integrated, resilient economy
Datuk Seri Anwar Ibrahim. – Bernama photo JAKARTA (July 29): It is imperative that Asean focus its energies inward, towards building a more integrated and resilient economy in facing today's global economic headwinds, said Prime Minister Datuk Seri Anwar Ibrahim. In his policy speech on Asean delivered at the Asean Secretariat here on Tuesday, Anwar, who is also the current chair of the grouping, said the region is home to a vast and vibrant market of 660 million people. 'The potential is undeniable, but to realise it fully, we must narrow the existing development gaps and forge stronger, more equitable economic linkages across member states,' he said. According to Anwar, at the 47th Asean Summit in Kuala Lumpur, Asean will once again demonstrate its collective commitment towards improving the unimpeded flow of goods within the region. Through renewed efforts to reduce tariff and non-tariff barriers, we are taking meaningful steps towards creating a more seamless and dynamic Asean economic community that works for all, not just for some, he said. The prime minister said the Regional Comprehensive Economic Partnership (RCEP) is central to this vision. As the world's largest trade agreement, it reinforces Asean's role as the linchpin of regional economic architecture. 'We expect the 5th RCEP Leaders' Meeting to also take place on the sidelines of the 47th Asean Summit, thus presenting an opportunity for us to ensure that RCEP delivers tangible benefits for our businesses, workers, and communities,' said Anwar. According to the prime minister, as the bloc looks to strengthen Asean's position in an increasingly competitive global economy, 'we must also do more to ensure that businesses can operate with confidence and clarity across our borders'. He said the success of the Asean-GCC-China Summit is a clear signal that Asean is ready to build new bridges and unlock new partnerships. It also reaffirms Asean's shared determination to shape a future based on mutual respect, shared growth, and strategic cooperation. Anwar said the digital economy will be a key driver of Asean's next phase of growth. That is why the region is advancing efforts to conclude the Asean Digital Economy Framework Agreement, while modernising existing trade agreements with strategic partners including China, India and South Korea. These efforts reflect Asean's readiness to embrace change and position it at the forefront of digital transformation, he said. According to Anwar, Asean must be an agent of change – one that has the capacity to shape the global rules and norms to remain open, inclusive and firmly rooted in the principle of justice He said Asean's commitment to regionalism and multilateralism remains the anchor of the region's collective stability and progress. 'As an outward-looking organisation in a multipolar world, Asean must continue to punch above its weight by broadening its global partnerships. Deepening ties and strategic links with diverse partners is not a choice – it is a strategic imperative. But we should engage as equals. And above all, we must be the speakers and not the spoken for,' he added. – Bernama Anwar Ibrahim asean economy geopolitical
Barnama
10 hours ago
- Business
- Barnama
ASEAN Must Focus On Building More Integrated, Resilient Economy
BUSINESS JAKARTA, July 29 (Bernama) -- It is imperative that ASEAN focus its energies inward, towards building a more integrated and resilient economy in facing today's global economic headwinds, said Prime Minister Datuk Seri Anwar Ibrahim. In his policy speech on ASEAN delivered at the ASEAN Secretariat here on Tuesday, Anwar, who is also the current chair of the grouping, said the region is home to a vast and vibrant market of 660 million people. 'The potential is undeniable, but to realise it fully, we must narrow the existing development gaps and forge stronger, more equitable economic linkages across member states,' he said. According to Anwar, at the 47th ASEAN Summit in Kuala Lumpur, ASEAN will once again demonstrate its collective commitment towards improving the unimpeded flow of goods within the region. Through renewed efforts to reduce tariff and non-tariff barriers, we are taking meaningful steps towards creating a more seamless and dynamic ASEAN economic community that works for all, not just for some, he said. The prime minister said the Regional Comprehensive Economic Partnership (RCEP) is central to this vision. As the world's largest trade agreement, it reinforces ASEAN's role as the linchpin of regional economic architecture. 'We expect the 5th RCEP Leaders' Meeting to also take place on the sidelines of the 47th ASEAN Summit, thus presenting an opportunity for us to ensure that RCEP delivers tangible benefits for our businesses, workers, and communities,' said Anwar. According to the prime minister, as the bloc looks to strengthen ASEAN's position in an increasingly competitive global economy, 'we must also do more to ensure that businesses can operate with confidence and clarity across our borders'. He said the success of the ASEAN-GCC-China Summit is a clear signal that ASEAN is ready to build new bridges and unlock new partnerships. It also reaffirms ASEAN's shared determination to shape a future based on mutual respect, shared growth, and strategic cooperation.
