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ASEAN ministers support strengthening of economic surveillance unit

ASEAN finance ministers have welcomed "continued efforts to operationalize" the Chiang Mai Initiative Multilateralization scheme and to strengthen the ASEAN+3 Macroeconomic Research Office to maintain economic stability in the region, the ministers said in a joint statement after their meeting in Myanmar on Saturday. They also said they "look forward to the institutionalization of AMRO as an international organization."

ASEAN finance ministers reaffirm to realize AEC goals

The 18th meeting of the finance ministers of the Association of Southeast Asian Nations ended in Myanmar's administrative capital Naypyitaw on Saturday with the ministers reaffirming their commitments to ensure stability of the region's financial markets and to realize goals of the ASEAN Economic Community.

Chief of E. Asia economic surveillance unit's tenure to be extended

East Asian countries, meeting in Myanmar on Saturday, are planning to extend the tenure of the Japanese head of the region's first economic and financial surveillance unit as they take further steps to strengthen the ability to help the region avert financial crises.

ASEAN to help boost capacity building of poorer members

Finance ministers from the Association of Southeast Asian Nations on Saturday discussed ways to boost capacity building for their less-developed members to intensify financial sector integration as part of the region's plan to achieve an ASEAN Economic Community next year.

ASEAN finance ministers gather in Myanmar for annual meeting

The 18th meeting of the finance ministers of the Association of Southeast Asian Nations opened in Myanmar's administrative capital Naypyitaw on Saturday to discuss the regional and global economic outlook, a post-2015 vision for the ASEAN Economic Community and challenges in banking sector reforms. Myanmar Finance Minister Win Shein, host of the one-day meeting, said the ministers are "committed to facilitate robust economic growth in the region and to increase the region's resilience against challenges."

3,000 assistant Japanese language teachers to be sent to ASEAN by 2020

Roughly 3,000 assistant Japanese language teachers will be sent to the 10 members of the Association of Southeast Asian Nations by 2020 under a new initiative to be introduced in April, a government-backed body promoting international cultural exchanges said Thursday. The Japan Foundation said it is scheduled to launch a new Asia Center to oversee the project with a view to deepening ties between Japan and the members of ASEAN -- Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

ASEAN reaffirms 2015 goal for economic community

Economic ministers from the Association of Southeast Asian Nations reaffirmed their commitment Thursday to achieve their aim of creating an economic community by 2015 despite signs of a slowdown in the group's pace of implementing measures toward that goal in recent months, "The ministers reaffirmed the intention to continue working towards achieving the targets of the AEC 2015 as set out in the AEC Blueprint," the ministers from the 10 ASEAN member countries said in a joint statement after their two-day retreat here.

Japan introduces antiterror, disaster equipment to ASEAN

The Japanese government on Wednesday showed senior defense officials from ASEAN countries gathering for a conference in Okinawa 10 items used to combat natural disasters and terrorism. Japan exhibited defense equipment for the first time for the Association of Southeast Asian Nations, as the government of Prime Minister Shinzo Abe plans to further ease restrictions on the country's arms exports.

Japan introduces antiterror, disaster equipment to ASEAN

The Japanese government on Wednesday showed senior defense officials from ASEAN countries gathering for a conference in Okinawa 10 items used to combat natural disasters and terrorism. Japan exhibited defense equipment for the first time for the Association of Southeast Asian Nations, as the government of Prime Minister Shinzo Abe plans to further ease restrictions on the country's arms exports.

Asian countries talk up ASEAN at Davos chat

The strength of ASEAN is at its greatest when members work together, Southeast Asian countries said on Friday at a panel discussing the future of the regional bloc amid ongoing territorial spats with China. "We are strong if we negotiate as a group," said Vietnam's foreign minister, Pham Binh Minh, insisting that the future of the Association of Southeast Asian Nations was through deeper integration despite the preference of non-ASEAN heavyweight China for country-to-country ties.
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