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by HIDAYATH HISHAM
ASEAN Plus Three (APT) must strengthen its cooperation to address growing global and regional challenges, including power rivalries, economic fragmentation and cross-border threats.
Foreign Minister Datuk Seri Mohamad Hasan (picture) said current conditions demand unity and practical collaboration to preserve regional stability.
“Today, we are once again being tested. The challenges are multifold, ranging from intensifying great power rivalry, economic fragmentation, technological disruptions and transboundary threats.
“Unilateralism and nationalism are on the rise, marginalising multilateralism that is essential for a stable world order,” he said in his opening remarks at the 26th APT Foreign Ministers’ Meeting at the Kuala Lumpur Convention Centre on Thursday.
Mohamad said ASEAN’s long-standing partnerships with China, Japan and South Korea offer a strong foundation to respond to shared challenges through inclusive dialogue.
“Nevertheless, I am confident that with our collective steadfastness and strong commitment to dialogue and cooperation, we will again prevail,” he said.
The meeting was also the first attended by Japan’s newly appointed Foreign Minister Iwaya Takeshi.
APT was first established in 1997 to coordinate a regional response to the Asian Financial Crisis. Since then, it has become a platform for East Asian cooperation across economic and security domains.
Mohamad said recent developments show the grouping’s ability to deliver targeted outcomes.
“There have been some encouraging developments recently. These include the endorsement of the Rapid Financing Facility (RFF) under the Chiang Mai Initiative Multilateralisation (CMIM), as well as the momentum from the Leaders’ statements on Electric Vehicle Ecosystem (2023) and on Strengthening Connectivity on Regional Supply Chains (2024).
“These are not isolated achievements. They illustrate the APT’s capacity to generate value, respond with agility and lead with foresight,” he said.
Mohamad added that ASEAN’s digital economy is projected to add around US$2 trillion (RM9.4 trillion) to regional GDP, driven by innovation and expertise from APT partners.
“Such initiatives support Malaysia’s objective, as Chair of ASEAN, to narrow development gaps, enabling equitable development, promoting sustainable growth, fostering peace through mutual trust and cooperation, improving living standards and human capital, as well as fostering social cohesion and participation, in an inclusive and sustainable manner,” he said.
APT currently represents a population of 2.28 billion and a combined GDP of US$29.33 trillion, or 25.77% of global output.
Mohamad said this reflects the grouping’s strategic weight and responsibility in maintaining peace and long-term development.
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