Malaysian PM calls for ASEAN’s further cooperation to overcome crisis

Malaysian Prime Minister Muhyiddin Yassin led a delegation to attend the 36th ASEAN Summit held online on June 26 under the chair of Vietnamese Prime Minister Nguyen Xuan Phuc.
Malaysian PM calls for ASEAN’s further cooperation to overcome crisis ảnh 1Malaysian Prime Minister Muhyiddin Yassin (Source: Bernama)

Kuala Lumpur (VNA) – Malaysian Prime Minister Muhyiddin Yassin led a delegation to attend the36th ASEAN Summit held online on June 26 under the chair ofVietnamese Prime Minister Nguyen Xuan Phuc.

Speaking at the event,PM Muhyiddin mentioned to numerous issues, with the focus on post-COVID-19economic recovery efforts.

ASEAN need materialisecohesive plans to quickly implement measures related to “travel bubbles”between member states amid the COVID-19 pandemic to shore up investments andcreate job opportunities.

Possibly in the nearfuture, the region can also open up the borders for intra-ASEAN tourism toflourish and deliver the much-needed financial boost into the nationaleconomies, he said.

ASEAN must formulate aRegional Economic Recovery Plan, he stated, adding that “If we don’t protectour regional economies, wider disparity in growth among the ASEAN countries mayharm our objective of greater economic integration”.

Muhyiddin went on tosay that together with other ASEAN colleagues, Malaysia will also work towardsthe conclusion and signing of the Regional Comprehensive Economic Partnership(RCEP) this year.

Regarding the East Seaissue, the PM stressed that the East Sea should remain a sea of peace andtrade.

Matters relating tothe East Sea must be resolved peacefully based on universally recognisedprinciples of international law, including the United Nations Convention on theLaw of the Sea (UNCLOS) 1982, he added./.
VNA

See more

The RoK's Finance Minister Choi Sang-mok speaks at a trilateral meeting with his Japanese and Chinese counterparts in Georgia. (Photo: Yonhap)

ASEAN+3 to create new financing facility against regional crises

The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.

Thailand to apply VAT on imports sent via post

Thailand to apply VAT on imports sent via post

The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
Malaysia asserts pioneering role in halal industry

Malaysia asserts pioneering role in halal industry

Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
ASEAN Future Forum 2024 enters first session

ASEAN Future Forum 2024 enters first session

The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
ASEAN bolsters intellectual property cooperation

ASEAN bolsters intellectual property cooperation

The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.