1. We, the ASEAN Finance Ministers, convened our 12th ASEAN Finance Ministers’ Meeting (AFMM) in Danang, Viet Nam on 3-4 April 2008 under the Chairmanship of H.E. Vu Van Ninh, Minister of Finance of the Socialist Republic of Viet Nam.
2. We welcomed the continued participation of the troika of Central Bank Governors from Thailand, Viet Nam and Brunei Darussalam representing past, present and future Chairs of ASEAN Central Bank Governors Meeting and their assessment of the recent economic and monetary developments as well as their inputs on ASEAN finance cooperation.
3. We exchanged views on global and regional economic developments and discussed progress in the implementation of the Roadmap for Financial and Monetary Integration of ASEAN and other regional initiatives such as the Asian Bond Markets Initiative and Chiang Mai Initiative. We reaffirmed our commitments to enhance financial cooperation leading to the realization of ASEAN Economic Community (AEC) by 2015 as set forth in the AEC Blueprint adopted by our Leaders in Singapore in November 2007.
