APR News

ASEAN-Russia Joint Cooperation Committee Meets in Jakarta

The 13th Meeting of the ASEAN-Russia Joint Cooperation Committee (ARJCC) took place at the ASEAN Secretariat in Jakarta on April 29th, 2015 and was co-chaired by Dato' Hasnudin Hamzah, Permanent Representative of Malaysia to ASEAN and Mikhail Galuzin, Ambassador of the Russian Federation to Indonesia and ASEAN.


ASEAN and Russia reviewed the implementation of the Comprehensive Programme of Action to Promote Cooperation for 2005-2015 (CPA) which will expire at the end of 2015 and discussed the finalization of a new ASEAN-Russia document which would further enhance cooperation for mutual benefit.


The participants also discussed developments in such areas as political security; economy; sociocultural sphere; science and technology; and connectivity emphasizing the importance of economic cooperation. In this context they discussed perspectives for building stronger people-to-people ties between the ASEAN and Russia business communities. In this regard, the Meeting took note of Russia's proposal to hold an ASEAN-Russia Business Summit on the margins of the 27th ASEAN Summit in Kuala Lumpur this November.

While reviewing the ASEAN-Russian Federation Dialogue Partnership Financial Fund (ARDPFF), ASEAN and Russia agreed to work together to streamline and simplify the appraisal, approval, financing and reporting of the joint projects funded by the ARDPFF.

Both sides adopted several joint ASEAN-Russia projects such as Promoting of ASEAN-Russia Cooperation in Food Science and Technology; the Russian Language Course for ASEAN Tour Operators; and Energy Dialogue between ASEAN and Russia on Renewable Energy and Clean Energy Technologies.


Press-release at the official ASEAN web-site


Women’s Economic Empowerment Flourishes in APEC

The APEC Policy Partnership on Women and the Economy meeting was held in Port Moresby, Papua New Guinea on May 3-4, 2015. The participants of the meeting discussed new plans and projects that empower more women to be part of supply chains and provide women with access to technology, health services, finance and marketing and finalized a strategic plan which will chart efforts of the 21 APEC member economies to promote women's economic empowerment.


The meeting is in line with one of the Philippines APEC presidency priorities on cultivating an APEC-wide women’s entrepreneurship network to drive women-led business growth in the region.


Press-release at the official APEC web-site


26th ASEAN Summit was held in Kuala Lumpur and Langkawi on 26-27 April 2015

26th ASEAN Summit was held in Kuala Lumpur and Langkawi on 26-27 April 2015. The summit discussion focused on the Malaysia's ASEAN presidency priorities, including: to formally establish the ASEAN Community; to develop the ASEAN Community's post-2015 vision; to steer ASEAN closer to its peoples; to strengthen the development of SMEs in the region; to expand intra-ASEAN trade and investments; to strengthen ASEAN's institutions; to promote regional peace and security through moderation; and to enhance ASEAN's role as a global player.


The summit concluded with the adoption of the Chairman’s Statement, Kuala Lumpur Declaration on a People-Oriented, People-Centred ASEAN, Langkawi Declaration on the Global Movement of Moderates and Declaration on Institutionalising the Resilience of ASEAN and its Communities and Peoples to Disasters and Climate Change.


Source: www.asean.org


Deputy Prime Minister of the Russian Federation Arkady Dvorkovich and Secretary-General of ASEAN Le Luong Minh discussed strengthening the economic ties between Russia and ASEAN

Deputy Prime Minister of the Russian Federation Arkady Dvorkovich and Secretary-General of ASEAN Le Luong Minh discussed strengthening the economic ties between Russia and ASEAN during their meeting on April 20, 2015.

Le Luong Minh briefed Arkady Dvorkovich on the progress in the ASEAN Community building programme and expressed appreciation for Russia's support to ASEAN in realising this vision.

Arkady Dvorkovich stated that Russia considers ASEAN as an important partner and acknowledged the enormous economic potential to be gained from this partnership. He further informed Secretary-General of ASEAN of the Eurasia Economic Commission's desire to work with ASEAN to increase trade and investment flows between the two regions.
Arkady Dvorkovich and Le Luong Minh exchanged views on a number of regional and international issues of common interest, including the recent developments in the Shanghai Cooperation Organisation (SCO) as well as the forthcoming SCO Summit in July 2015 in Ufa, Russia. Arkady Dvorkovich informed Le Luong Minh of Russia's intention to hold an inaugural Eastern Economic Forum in Vladivostok in August 2015 and extended an invitation for Secretary-General to participate in this event.

ASEAN and Russia will commemorate the 20th Anniversary of their Dialogue Relations in 2016, and the celebrations will include a commemorative ASEAN-Russia Summit.

Press-release at the ASEAN web-site


ASEAN, Mongolia to Strengthen Relations

Mongolia expressed its strong interest in strengthening relations with ASEAN. This message was conveyed by the Foreign Minister of Mongolia, H.E. Lundeg Puresuven, during his meeting on April 20, 2015 with Secretary-General of ASEAN, H.E. Le Luong Minh.

Minister Puresuvan said Mongolia sees ASEAN as a key regional mechanism for cooperation in Asia. He underscored that Mongolia will continue its active engagement in the ASEAN Regional Forum (ARF) process, which the country joined in 1999.

SG Minh advised Mongolia to explore with ASEAN avenues and opportunities to enhance practical cooperation in areas of mutual interest.
Minister Puresuvan briefed SG Minh on Mongolia's preparations to host the 11th Asia-Europe (ASEM) Summit in July 2016 in Ulaanbaatar.

Press-release at the ASEAN web-site



World Economic Forum Shortlists 6 East Asian Companies as Global Growth Companies

The World Economic Forum announced its selection of Global Growth Companies (GGCs) regional finalists for East Asia.

GGCs are fast-growing companies with the potential to become global economic leaders. The nominated companies represent a broad cross-section of industry sectors and share a track record of exceeding industry standards in revenue growth, promotion of innovative business practices and demonstration of leadership in corporate citizenship.


ASEAN held a forum in Jakarta to promote investment in the region

A Forum and Seminar to socialise the ASEAN Comprehensive Investment Agreement (ACIA) was held on 15-16 April in Jakarta, Indonesia. More than 100 participants from the government, private sector, chambers of commerce and the general public attended the forum. This was the third of the series to socialise the ACIA after being held in Kuala Lumpur, Malaysia in March 2013 and in Manila, Philippines in January 2014.


ASEAN, Japanese Business Leaders Seek to Spur Economic Ties

On 10 April 2015, Japanese business leaders met Secretary-General of ASEAN, H.E. Le Luong Minh, and discussed trade and investment opportunities in the region during their visit to Jakarta. The economic mission of nearly 20 senior executives from Japan's large companies was led by Mr. Sadayuki Sakakibara, Chairman of Keidanren (Japan Business Federation).


The Russian law on priority development areas has come into force

On March 30, 2015 the Federal Law on Priority Development Areas in the Russian Federation has come into force.
The Federal Law defines priority development areas as part of the territory of the Russian Federation constituent entity where a special legal status is established for entrepreneurial and other activities with the aim of creating a favourable environment for attracting investments, ensuring accelerated economic growth and creating comfortable living conditions.
In accordance with the Federal Law, a PDA is established for 70 years following a Government decision, and its term can be extended.