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Special Pullout for the 50Th Anniversary of ASEAN

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Special Pullout for the 50Th Anniversary of ASEAN TUESDAY, AUGUST 8, 2017 SPECIAL AEC: A COMMUNITY OF OPPORTUNITIES PARTNERING FOR CHANGE, ENGAGING THE WORLD 2 NewStraitsTimes • TUESDAY, AUGUST 8, 2017 AEC: A COMMUNITY OF OPPORTUNITIES MESSAGE FROM PRIME MINISTER DATUK SERI NAJIB RAZAK A great economic promise IRST and foremost, I would like In December 2015, during Malaysia’s growing faster than most of the rest of the to congratulate the International chairmanship of Asean, the Asean world, and it is expected that by 2050, the Trade and Industry Ministry for community was established, comprising Asean economy will reach US$9.2 trillion, Ftaking the initiative to collaborate the Asean Political-Security Community, making it the fourth largest in the world. with the private sector in the publication the Asean Economic Community and the For the Asean Community to be real, of the Asean @ 50 special pullout. Asean Socio-Cultural Community. it must be something that is part of our This year marks the 50th anniversary Malaysia’s tenure as the Asean chair lives. It must be something that touches of Asean since its establishment on Aug also witnessed the adoption of the Asean the rakyat’s hearts. Asean must be 8, 1967. Community Vision 2025 and its pillars’ seen as a source of cohesion, solidarity, Asean was built on a foundation of blueprints, namely the Asean Political- support, unity, friendship, strength and prosperity when it was established 50 Security Community Blueprint 2025, the greater prosperity. years ago. Indeed, in those 50 years, Asean Economic Community Blueprint As we celebrate a half century of Asean has made great strides. 2025 and the Asean Socio-Cultural Asean, what better way for us to do that Since its inception, many initiatives Community Blueprint 2025. than working towards making economic have been taken to deepen regional The harmony between Southeast integration efforts a reality. economic integration to make Asean a Asia’s nations has allowed for resources Then we can begin to make the next 50 single market and production base. to be focused on bringing economic years of Asean a fulfillment of that sense Between 1975 and last year, for benefits to our people, including of promise that our first five decades have instance, the Asean economy multiplied Malaysia, consolidating regional stability led us to. significantly from US$87.2 billion to and staying true to the vision of Asean’s There is so much to look forward to US$2.55 trillion. With a GDP of US$2.55 founding fathers. in Asean, this region of great economic trillion, collectively Asean is the sixth We have achieved a critical mass to promise. Together, the promise will be largest economy in the world. take us forward. Our economies are fulfilled. MESSAGE FROM INTERNATIONAL TRADE AND INDUSTRY MINISTER DATUK SERI MUSTAPA MOHAMED Asean will continue to rise THE year 2017 started with a high pro- two decades. and good regulatory practice (GRP). spect for Asean. The economic development of These areas will be the key enablers After eight years of preparation, Asean, which has a population of 630 for Asean to increase its competitive Asean leaders launched the ambitious million people, has grown rapidly and edge in moving the region up the global Asean Economic Community (AEC) in registered a strong gross domestic value chain into higher technology and 2015, a treaty aimed at creating a single, product (GDP) growth of between 4.6 knowledge-intensive manufacturing seamless production base and consu- per cent and 7.6 per cent from 2010 to and services industries. mer market. last year. Where there is optimism, therein The work, however, does not stop This year’s GDP growth is expected lies the challenge. Most of all, non-tariff there as Asean today is more connec- to be 4.8 per cent, much better than the barriers and measures, or NTBs and ted than ever. growth forecast for many countries. NTMs, must be reduced and ultimately The Asean Economic Community With a record US$2.4 trillion GDP in removed. (AEC) Blueprint 2025 outlines measu- 2015, Asean is the third largest econo- This is a stubborn worldwide prob- res that will be taken by Asean in the my in Asia and the sixth largest econo- lem, but it is in Asean’s own interests to next 10 years to broaden and deepen my in the world. lead the way in this endeavour. economic integration, with a shared Investments in Asean are at an all- For Asean to reach that target eco- vision of creating a truly economic inte- time high. Foreign direct investment in nomic total of US$9.2 trillion, NTBs and grated region. Asean achieved a double-digit growth of NTMs have to be reduced by at least 50 This year also marks the 50th anni- 11.5 per cent compound annual growth percent and coordinated efforts are versary of Asean with the theme “Part- rate from 2005 to 2015. required to deal with this problem. nering for Change, Engaging the World”. Research houses have expressed Many people are looking at China Since it was founded 50 years ago, confidence that Asean could be the and India as the next economic pow- Asean has evolved into one of the fourth largest single market in the erhouses in Asia, but the world will world’s most dynamic regions with world by 2050, after the European Uni- continue to observe the rise of Asean. accelerated economic performance in on, the United States and China. Let us together celebrate this golden recent years. Several new key growth areas have jubilee of Asean that is indeed a commu- That has been attributed to Asean’s been identified and will be the focus nity of opportunities not only for Asean economic cooperation and integration for Asean in the next 10 years, namely people, but also for people outside the initiatives taking shape over the past e-commerce, global value chain (GVC), region. NewStraitsTimes • TUESDAY, AUGUST 8, 2017 3 AEC: A COMMUNITY OF OPPORTUNITIES MESSAGE FROM FOREIGN MINISTER DATUK SERI ANIFAH AMAN SEAN has come a long way to become what it is today. Fifty years ago, what began Aas a group of five nations coming together to preserve regional Proud to be peace, has now become a family of 10 nations of varied identity, cultures and religions, yet embracing the same ideals of shared cooperation for peace and mutual prosperity. After 50 years, Throughout the years, Asean has Asean citizens been a platform for integration and Asean is doing very cooperation. constructively to global developments. well. The formation The 10 member states have worked At its heart lies the people. The of the Asean Economic with each other and with other nations Asean Community Vision 2025, with to promote unity, development and its goals of being people-oriented Community (AEC) in sustainability. The spirit of friendship and people-centred, must not remain 2015 has definitely has allowed us to resolve disputes and a hollow rhetoric. brought tangible benefits problems peacefully so that we could All of us in Malaysia, as well as our move forward together as a region. friends in nine other member states, to Malaysia and the Looking back, it is without doubt have a duty to realise this aspiration. world. It has also led that Asean is a success story. Asean The next part of this voyage will be to the narrowing of has demonstrated impressive growth for the people to be involved in Asean, and remarkable progress. to comprehend and appreciate what development gap and Asean’s average annual growth Asean has done for them. promoted equitable over the last decade is 6 per cent, It is our sincere hope that the development in the compared with the global average people can understand and feel the of 4 per cent. Asean’s projected to benefits of Asean so that they may region that improved become the world’s fourth-largest participate in Asean community- the overall wellbeing single market by 2030. building processes. and quality of life of the This has resulted in our people We want people to be proud to say living better lives, enjoying better that “saya warga Asean”, or “I am a people in the region. quality products and services, as well citizen of Asean”. as earning higher incomes. On this occasion, I would like to DATUK SERI ONG KA CHUAN Our most recent milestone was commend the International Trade and International Trade and the establishment of the Asean Industry Ministry for its initiative to Industry Minister II Community in 2015. have this special pullout in conjunction The Asean Community aspires to with the golden jubilee of Asean. unite and leverage the resources and On behalf of the Foreign Ministry, expertise available within and to strive I am proud of the collaboration with for the collective good of the people the International Trade and Industry of Asean. and Tourism and Culture ministries The need to stand collectively as a in driving the Asean agenda at the community cannot be stressed hard global player, bringing greater with dialogue partners, strengthen national level. enough. economic development and wealth to engagement with external parties and Together with other stakeholders, I As a group, Asean can capitalise the region, including to Malaysia. reach out to new potential partners believe this is a positive step in making on its economic strength, pooling its As Asean becomes a regional for mutually beneficial relations, Asean a people-centred, people- resources to become a competitive player, it could deepen its cooperation as well as respond collectively and oriented community. MESSAGE FROM TOURISM MINISTER The Asean DATUK SERI MOHAMED NAZRI ABDUL AZIZ Economic Community (AEC) has attracted the attention of global investors who are Cultural programmes seeing Asean as one of the regional markets with huge potential boost ties and providing these investors preferential networks of markets S the national focal point for well as capacity building and human ties for us to learn and enjoy each other’s the Asean Socio-Cultural development.
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