The Fifth ASEAN Economic Ministers Consultation, co-chaired by Liz Lloyd, Parliamentary Under-Secretary of State, and the Malaysian Minister of Investment, marks a significant milestone in promoting economic cooperation within the ASEAN region. This annual gathering serves as a platform for the participating nations to discuss pressing economic issues and build upon the existing partnerships that define the economic landscape of Southeast Asia.

The discussions initiated at this year’s consultation aimed to enhance trade and investment flows among ASEAN member states, a goal that is more pressing than ever as the global economy continues to evolve. With the ongoing challenges posed by the pandemic, geopolitical tensions, and emerging market trends, it is imperative for ASEAN nations to collaborate closely to foster resilience and sustainable growth.

Participants underscored the importance of diversifying supply chains, emphasising that a robust economic recovery hinges on the ability to adapt to new market conditions and consumer behaviours. Efforts to streamline trade regulations and promote digital economy initiatives were highlighted as crucial steps towards ensuring that ASEAN remains competitive in the global market.

A key focus of the consultation was the implementation of the ASEAN Economic Community (AEC) Blueprint 2025, which aims to deepen economic integration across the region. The co-chairs reiterated their commitment to realising the goals of the AEC, highlighting the necessity of collaborative efforts among member states to achieve comprehensive economic integration that benefits all parties involved.

Investment cooperation was also a significant topic during the sessions, with discussions revolving around attracting foreign direct investment (FDI) and enhancing intra-ASEAN investments. The acknowledgement of Malaysia as a regional hub for investment opportunities underscores the potential for ASEAN nations to harness their collective strengths to attract more sustainable investments that can drive economic advancement.

The Fifth ASEAN Economic Ministers Consultation stands as a testament to the enduring commitment of ASEAN member states to work together in fostering a prosperous and sustainable economic environment. With the outcomes of this consultation as a foundation for future collaborations, there lies a hopeful path ahead for ASEAN nations as they navigate the complexities of the current global economic landscape.

As we move forward, continued engagement and strategic partnerships will be essential in realising the full potential of the ASEAN Economic Community. The cooperative spirit exhibited during these consultations serves as a beacon of hope for economic resilience and growth in the region, paving the way for a more integrated and prosperous ASEAN community.

September 26, 2025 at 03:35PM
第五届东盟经济部长咨询会联合声明

由国会副国务卿利兹·劳埃德与马来西亚投资部长共同主持的第五届东盟经济部长咨询会。

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