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JOINT MEDIA STATEMENT 1. The Fifty-Sixth ASEAN Economic Ministers (AEM) Meeting was held in Vientiane, Lao PDR on 17 September 2024. The Meeting, which was chaired by Lao PDR under the theme “Enhancing Connectivity and Resilience” was preceded by a preparatory meeting of the ASEAN Senior Economic Officials (SEOM) and joint meetings with the 38 th ASEAN Free Trade Area (AFTA) Council and the 27 th ASEAN Investment Area (AIA) Council. Responding to Regional and Global Developments 2. The Meeting was encouraged by the sustained growth momentum across the region which, despite broader challenges facing the global economy, has shown remarkable resilience over the past two years. The Meeting noted that ASEAN continues to shine as a bright spot in the global economy in 2024, with prospects outpacing the global outlook. 3. The Meeting reiterated ASEAN's unwavering commitment to regional economic integration, acknowledging the formidable challenges posed by global economic fragmentation, heightened geopolitical tensions, and the increasingly stringent trade regulations related to decarbonisation. The Meeting recognized that the ASEAN economy expanded by 4.1 in 2023 and is projected to experience a robust growth of 4.6% in 2024 and 4.7% in 2025. The growth is expected to be driven by a solid improvement in both domestic and external demand. 1 The resurgence in key sectors such as semiconductors and electronics are the main catalysts to the resurgence in the overall demand 2 . The Meeting emphasized ASEAN's focus on promoting transformative sectors, such as the digital and green economy, to reinforce ASEAN's position as the epicenter of growth.

第 56 届东盟经济部长会议

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