In the midst of concerns about the rise of protectionism and inward looking orientation in the world, in order to enhance predictability of the economies of the region and the world, to mitigate vulnerabilities and to maintain and strengthen the free trading system, the significance of financial cooperation between the Asean Plus Three
becomes increasingly greater,' he said.
The ASEAN plus three
groups Japan, China, South Korea and the 10-member Association of Southeast Asian Nations, while the ASEAN plus six adds Australia, India, and New Zealand to the 13 countries.
ASEAN plus three
was set up in 1997 as a forum to discuss East Asian problems, and according to a diplomatic source, it has since grown into ''a framework going beyond a mere forum'' with progress in financial assistance and joint projects.
After calling in sick the day before, Foreign Affairs Secretary Alan Peter Cayetano went back to hosting the 18th Asean Plus Three
Foreign Ministers' Meeting held Monday morning at the Philippine International Convention Center (PICC) in Pasay City, Manila.
The Kuala Lumpur Declaration on the ASEAN plus three
summit says the ASEAN plus three
process will continue to be the main vehicle in achieving an East Asia Community.
Foreign Affairs Secretary Alan Peter Cayetano will lead the 50th Asean Foreign Ministers' Meetings, the 18th Asean Plus Three
Foreign Ministers' Meeting (with Japan, China and Korea), the 7th East Asia Summit Foreign Ministers' Meeting, and the 24th Asean Regional Forum (ARF).
The Philippines hosted the ASEAN Plus Three
Senior Officials Meeting (APT SOM) in Manila on 23 May 2017 attended by representatives from the ASEAN Member States and from the Peoples Republic of China, Japan and the Republic of Korea.
A joint statement issued after their second one-day meeting in Yangon said the ministers endorsed the implementation of the ASEAN plus Three
Emerging Infectious Diseases program's Phase Two.
Beijing is now insisting that discussions on the community should be deepened not at the East Asia Summit, but at the ASEAN plus Three
Assistant Secretary Barber-De La Vega also briefed the Meeting about the preparations for the 50th ASEAN Foreign Ministers Meeting (AMM), the Post-Ministerial Conferences (PMC) with the ten (10) Dialogue Partners of ASEAN, the 18th ASEAN Plus Three
(APT) Foreign Ministers Meeting, the 7th East Asia Summit (EAS) Foreign Ministers Meeting, and the 24th ASEAN Regional Forum (ARF) Ministerial Meeting, which will be hosted by the Philippines on 2-8 August 2017.
We reaffirmed the importance of the ASEAN Plus Three
for the realization of an East Asian community,'' it said.
The ASEAN plus three
energy meeting was first held in Japan last year on an informal basis.