ASEAN Economic Ministers Adopt Action Plan to Increase Resilience Amid Pandemic

JAKARTA, 6 June 2020 – The ASEAN Economic Ministers Meeting on 4 June adopted the Hanoi Plan of Action on Strengthening ASEAN Economic Cooperation and Supply Chain Connectivity in Response to the COVID-19 pandemic. The plan aims to boost the region’s economy and supply chains amid the disruption caused by the pandemic.

At the virtual meeting chaired by Viet Nam’s Minister of Industry and Trade Tan Tuan Anh, participants agreed to implement the action plan to counter the adverse impact of the pandemic by ensuring that the markets for essential goods remain open and economic cooperation among countries in the bloc is strengthened.

The Hanoi Plan of Action will be submitted to the ASEAN Leaders at the Summit this month after it is endorsed by the ASEAN Economic Community Council.

At the meeting, the ministers also discussed the prospects of a post-pandemic economic recovery plan including the proposal by the ASEAN Business Advisory Council to establish a high-level special commission in dealing with the current crisis.

credits: ASEAN.org