ASIATODAY.ID, JAKARTA – The Federation of ASEAN Economist Associations (FAEA) held the 46th FAEA Conference in Yogyakarta. This forum is an annual conference organized by the FAEA.
Chairman of the 46th FAEA implementation committee, Edhie Purnawan, said that this activity was filled with professional organizations consisting of economist associations from 7 ASEAN countries, namely Indonesia, Malaysia, Thailand, Singapore, Vietnam, the Philippines and Cambodia. The 46th FAEA took the theme Empowering Collaboration to Shape ASEAN Economic Sustainability.
“This event was attended by 200 economist participants from academic, business and government backgrounds, practitioners, policy makers and students from ASEAN member countries and other partners,” said Edhie Purnawan in an official statement, Friday, November 17 2023 .
General Chair of PP ISEI and Governor of Bank Indonesia Perry Warjiyo expressed the hope that with this FAEA Conference, FAEA needs to contribute to mitigating the impact of global spillovers.
“FAEA needs to be an important actor in encouraging ASEAN synergy and collaboration,” said Perry.
Deputy Chief Executive of the 46th FAEA in Yogyakarta, Irma Shantia Dewi, said that the plenary session had been held on the first day, and on November 18 2023, all delegates would visit the Yogyakarta Palace, take a tour of the tourist destination “njeron mbeteng”.
In the implementation of the 46th FAEA, a joint declaration was produced by 7 ASEAN countries.
Firstly, FAEA really appreciates the holding of the conference organized by the Central Management of the Indonesian Economic Association (ISEI) as a member of FAEA, with the theme “Empowering Collaboration to Shape ASEAN Economic Sustainability”.
Second, FAEA recognizes the importance of collaboration between ASEAN economies and other partners to create sustainable, resilient and inclusive economic growth amidst global challenges such as pandemics, climate change, geoeconomic and geopolitical competition.
Third, FAEA supports the engagement of private sector initiatives, universities, research organizations, associations, and government agencies to encourage the advancement of sustainable economic practices.
Fourth, FAEA encourages increasing ASEAN connectivity through the development of physical, digital and institutional infrastructure, as well as supporting Regional Payment Connectivity (RPC), Local Currency Transactions (LCT) initiatives and the use of information and communications technology (ICT). ) to expand access, opportunities and faster, cheaper, transparent and inclusive cross-border payments for the ASEAN community, including small and medium enterprises and the informal sector, as well as the exchange of researchers and educators.
Fifth, FAEA supports efforts to strengthen ASEAN economic integration through the implementation of the ASEAN Comprehensive Work Plan (ACWP) 2021-2025 and other initiatives, such as the Regional Comprehensive Economic Partnership (RCEP), ASEAN Single Window (ASW), and ASEAN Blueprint for Economic Community 2025.
Sixth, viewing the importance of digital integration as an important factor to encourage the ASEAN economy to compete more effectively, reduce the digital gap, and create a more inclusive ASEAN region.
Seventh, FAEA encourages quality food production and sustainable trade in goods in all ASEAN countries that are negatively impacted by the climate crisis.
Therefore, FAEA is committed to promoting and advocating policies on the environment and food security.
Eighth, FAEA encourages economists and economic associations to conduct policy studies and implement wise economic policies to mitigate turmoil originating from outside the ASEAN region.
Ninth, FAEA encourages the exploration of ideas and cooperation in complementary economic activities that impact Micro, Small and Medium Enterprises, global supply chains, digital transformation and the wider use of renewable energy sources.
Lastly, FAEA encourages the deepening of human relations throughout ASEAN to build stronger understanding towards creating trust-based collaboration. (AT Network)
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