1 June 2022

The meeting with committees for the implementation of the ASEAN Economic Community (AEC) 2025 was held on 1 June, 2022 at the Ministry of Investment and Foreign Economic Relations. The meeting was attended by U Aung Naing Oo, Union Minister for Investment and Foreign Economic Relations, Deputy Ministers, Permanent Secretaries, Director Generals and representatives from 22 AEC committees.

At the meeting, Union Ministers shared the experiences relating to Myanmar’s participation in the Special Economic Ministers’ Meeting which was held in May 2022 in Bali, Indonesia. He also underscored the necessity for preparation in repose to new emerging trends that coming from regional and international cooperation.

In addition, Union Minister updated the implementation status of Regional Comprehensive Economic Partnership (RCEP) Agreement and the status of the development of ASEAN Community’s post 2025 vision.  

Union Minister explained that Myanmar’s implementation rate was 70.7 % for the AEC Annual Priorities in 2021. He also encouraged the committees to keep the momentum in the implementation of AEC Annual Priorities in 2022 and to comply with the commitments in ASEAN Agreements.

After that, U Than Aung Kyaw, Deputy Minister for Investment and Foreign Economic Relations, Eminent Person of the High-Level Task Force on the ASEAN Community’s Post-2025 Vision explained ASEAN’s preparation for the development of the ASEAN Community Post 2025 Vision and its core elements.

According to the Agenda, Permanent Secretary, Myanmar SEOM Lead, Dr. Wah Wah Maung briefed the current and future works under ASEAN Economic Community (AEC) and the implementation of Myanmar.

At the meeting, Deputy Ministers, Permanent Secretaries, Director Generals and representatives who are Chairperson, Secretaries and members of AEC committees reported the status of their ongoing activities, the future program and the issues that need to be addressed. After hearing their reports, Union Minister provided the necessary guidance.