ASEAN ECONOMIC COMMUNITY DIALOGUE 2025
KUALA LUMPUR, 24th April – ASEAN Business Club and regional companies expressed support for the ASEAN Economic Community 2025 Vision to realise a highly integrated community with a people-centred agenda. They welcomed the strengthening of private sector’s role in the next ten years of ASEAN Economic Community building.
Over 150 multinationals, regional businesses and media gathered today in Kuala Lumpur in a special dialogue focused on ASEAN Economic Community 2025, jointly organised by the ASEAN Business Club, CIMB ASEAN Research Institute and Ministry of International Trade and Industry of Malaysia.
In the coming decade, ASEAN has committed to institutionalise within each body a consultative process with lead private sector associations and business councils to support the implementation of various sectors. ASEAN has identified four prioritised sectors, namely retail (including e-commerce), agri-food, healthcare and logistics for the removal of non-tariff barriers.
“Private sector engagement with leaders and ministers in the past has seen insufficient progress in the removal non-tariff barriers. The next phase must focus on tangible outcome, with the private sector working through Asean bodies from the bottom up as well. We call for the inclusion of private sector experts in the Asean policy making process,” said Tan Sri Dr. Munir Majid, President of the ASEAN Business Club.