Empowering Micro, Small and Medium Enterprises for Equitable Growth
The ASEAN Finance Ministers and Central Bank Governors Meeting (AFMGM) and related meetings, taking place from August 22-25, are expected to affirm a commitment to collaboration in maintaining economic stability in the region.
The Sixth ASEAN Inclusive Business Summit, hosted by Indonesia, emphasised the importance of establishing a conducive environment for micro, small and medium enterprises (MSMEs) and for large businesses to adopt inclusive business (IB) models that contribute to inclusive and sustainable development in the region.
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto has expressed optimism that ASEAN would be able to generate US$1 billion from developing the green economy.
Coordinating Minister for Economic Affairs Airlangga Hartarto has said that with the implementation of the Digital Economic Framework Agreement (DEFA), the value of ASEAN's digital economy is projected to double to US$2 trillion by 2030.
The aim is to build a system to circulate resources in Southeast Asian countries and diversify Japan’s suppliers, by utilising used electronic devices, which contain copper and rare metals.
Parties to the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), gathered in Semarang, Republic of Indonesia for the 28th ASEAN Economic Ministers – Closer Economic Relations (AEM-CER) Consultation, commenced the signing of the 2nd Protocol to Amend the Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area (“2nd Protocol”).
ASEAN Economic Ministers (AEM) and economic officials of Russia met in Semarang, Indonesia, on August 21 during the 12th AEM-Russia Consultation which was co-chaired by Indonesian Minister of Trade Zulkifli Hasan and Russian Deputy Minister of Economic Development Vladimir Ilyichev.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
