Wahyu Dwi Anggoro
IDXChannel - The ASEAN Business Advisory Council (ASEAN-BAC) emphasized the necessity of cautious steps and careful planning in harnessing the business potential within the trade and investment sectors across Southeast Asian nations.
Indonesia, the Chair of ASEAN-BAC for 2023, has laid a solid foundation that can serve as a reference for countries in Southeast Asia, in order to attract investments aimed at realizing ASEAN's role as an economic growth hub through the private sector.
"Southeast Asia has indeed demonstrated immense potential. In 2023, the growth of the region's gross domestic product has become more robust and has returned to pre-pandemic levels. The heads of state we are engaged with also acknowledged the tangible measures undertaken by ASEAN-BAC," stated ASEAN-BAC Chairman Arsjad Rasjid during the 55th ASEAN Economic Ministers' Meeting and Related Meetings at Hotel Padma Semarang, Central Java, on August 17-22.
During the 55th ASEAN Economic Ministers' Meeting and Related Meetings, the ASEAN-BAC delegation engaged in consultations and discussions with the ASEAN Economic Ministers (AEM). This largely being the developments pertaining to the 5 priority issues and 8 legacy projects initiated by ASEAN-BAC.
"Consultations with the AEM centered around the implementation of the ASEAN Vision 2045. We also discussed solutions to foster economic relations among ASEAN member states, as well as with ASEAN partner countries. Additionally, we explored initiatives to enhance ASEAN's economic integration towards a regional economy that is inclusive, innovative, resilient, and transformative through the ASEAN Business Network (ABN)," stated Arsjad, accompanied by ASEAN-BAC representatives from each ASEAN member state. This also included policy managers and legacy leads from ASEAN-BAC Indonesia.
