MIFER Deputy Minister attends 3rd ASEAN Geoeconomic Task Force Meeting

Deputy Minister for Investment and Foreign Economic Relations, ASEAN Geoeconomics Task Force Leader of Myanmar, Dr Wah Wah Maung, attended the 3rd ASEAN Geoeconomics Task Force Meeting, which was held virtually on 15 July 2025.

The meeting deliberated on key issues, including the implications of the US tariff measures, the development of the ASEAN Integration Report in response to emerging geoeconomics challenges, the deepening ASEAN-US Strategic Economic Partnership and the plans of the Task Force.

During the meeting, the deputy minister highlighted the importance of building resilience and inclusive economic integration in response to the emerging geoeconomics challenges. She also emphasized the need for enhanced synergy between Economic and political streams to ensure a more coherent and effective regional approach. In addition, the deputy minister underscored the need to consider ASEAN centrality, enhance regional resilience, and secure the supply chains’ connectivity by advancing competitiveness in the formulation of the ASEAN Integration Report (AIR). Furthermore, she also stressed the importance of data inclusivity in the analytical foundation of the ASEAN Integration Report (AIR). She also mentioned the necessity of reviewing the TIFA Workplan to identify opportunities for further strengthening. She also reaffirmed strong commitments to continued collaboration with other ASEAN Member States in advancing the region’s shared economic visions.

The ASEAN Geoeconomics Task Force was established based on the consensus of the Special ASEAN Economic Ministers Meeting, which was held virtually on 10 April 2025, to provide real-time analysis, strategic foresight, assess the potential benefits and vulnerability arising from current global trade changes, and provide actionable policy recommendations to the ASEAN Economic Ministers. The Task Force is composed of two representatives from each member state, at the deputy minister level and a senior economic expert level.

MIFER

#TheGlobalNewLightOfMyanmar