ASEAN Finance Ministers and ASEAN Secretary General Le Luong Minh (Source: VNA)
Vientiane (VNA) – The 20th ASEAN Finance Ministers’ Meeting (AFMM) kicked off in Vientiane, Laos on April 4.

Speaking at the opening ceremony, Lao Finance Minister Lien Thikeo said that the meeting takes place at an extremely important time as the ASEAN Community enters the first year of existence.

At the event, delegates heard the AFMM Chair’s reports on the implementation of initiatives related to infrastructure assistance, insurance, customs, terrorism and money laundering in the ASEAN financial cooperation channel.

The Finance Minister of Indonesia is expected to deliver a speech on plans to organise the 11th Investment Promotion Conference of ASEAN Finance Ministers in November.

Meanwhile, the Finance Minister of the Philippines, which will assume the Chair of ASEAN in 2017, will brief participants on the country’s activities next year.

On the same day, the 12th ASEAN Central Governors’ Meeting (ACGM) also opened in Vientiane.

The Association of Southeast Asian Nations (ASEAN) groups Laos, Myanmar, Thailand, Cambodia, Malaysia, Singapore, the Philippines, Indonesia, Brunei, and Vietnam.-VNA