Kuala Lumpur, Malaysia
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Yang Berhormat Dato Seri Setia Dr. Haji Mohd Amin Liew bin Abdullah, Minister at the
Prime Minister’s Office and Minister of Finance and Economy II attended the 25th ASEAN
Economic Community Council Meeting (25th AECC) held in Kuala Lumpur, Malaysia on the
25th May 2025. The 25th AECC was chaired by His Excellency Datuk Seri Utama Tengku
Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry, Malaysia and
attended by AECC Ministers from ten (10) ASEAN Member States and Timor-Leste.
At the 25
th AECC meeting, Ministers took note of the progress of work under ASEAN
Economic Community (AEC) pillar, including discussion on ASEAN’s economic outlook.
Among others, Ministers took note of the progress of Malaysia’s Priority Economic
Deliverables (P.E.D), particularly in welcoming the substantial conclusion of the Upgrade
of ASEAN Trade in Goods Agreement (ATIGA) and ASEAN-China Free Trade Area (ACFTA).
Amidst ongoing trade tensions and uncertainties, AECC reiterated support towards efforts
to uphold the rules-based multilateral trading system, with the World Trade Organisation
(WTO) at its core. In this regard, AECC Ministers reaffirmed commitment to not impose
any retaliatory measures in response to U.S. unilateral tariffs and agreed for continued
constructive dialogue and collaboration to ensuring a balanced and sustainable
relationship. Ministers also highlighted the importance of the ASEAN Geoeconomic
Taskforce (AGTF) in providing key strategic foresight and recommendations for ASEAN in
navigating present and future geo-economic challenges.
Further, AECC Ministers also took note of the recent convening of the Special ASEAN
Economic Ministers Meeting with Dialogue Partners namely People’s Republic of China,
Japan, Australia and New Zealand (CER) on 20th May 2025.
At the meeting, Yang Berhormat Dato Seri Setia Dr Haji Mohd Amin Liew bin Abdullah,
Minister at the Prime Minister’s Office and Minister of Finance and Economy II, among
others, commended the steady progress of the AEC, particularly the endorsement of the
AEC Strategic Plan 2026-2030 and implementation of the Bandar Seri Begawan Roadmap
for Digital Transformation (BSBR). Yang Berhormat Dato also welcomed the substantial
conclusion of ATIGA and ACFTA upgrade negotiations, which is envisioned to play a vital
role in the strengthening of ASEAN economic integration efforts.
The 25
th AECC meeting was preceded by the Preparatory Meeting of the Senior Economic
Officials (Prep-SEOM) on 24th May 2025. The meeting was also attended by Yang Mulia Dr
Hajah May Fa’ezah binti Haji Ahmad Ariffin, Permanent Secretary (Economy, Trade and
Industry) and officers from Trade Division, Ministry of Finance and Economy.
-END-
Prepared by:
Trade Division
Ministry of Finance and Economy
Email: BruneiSEOM@mofe.gov.bn
Reference: KKW/TD/ASN: 40
Date: 27 May 2025