Joint Ministerial Statement of the 18th ASEAN Finance Ministers’ Meeting (AFMM), Nay Pyi Taw, Myanmar, 5 April 2014


Theme: Moving Forward in Unity to a Peaceful and Prosperous Community

  1. We, the ASEAN Finance Ministers, convened our 18th Annual Meeting under the chairmanship of H.E. U Win Shein, Minister of Finance, Republic of the Union of Myanmar.
  2. We, the ASEAN Finance Ministers, together with the ASEAN Deputy Secretary General, expressed our gratitude to His Excellency U Thein Sein, President of the Republic of the Union of Myanmar for graciously granting us an audience at the President’s Office in Nay Pyi Taw.
  3. Together with the troika of ASEAN Central Bank Governors of Brunei Darussalam, Myanmar, and Malaysia we maintain our commitment to pursue growth and economic stability in the ASEAN region amid the global economic uncertainties. At the same time, we also maintain our commitment to ensure stability of our financial markets. Our exchange of views with the Asian Development Bank (ADB), World Bank, the International Monetary Fund (IMF) and the ASEAN+3 Macroeconomic Research Office (AMRO) on the risks and policy challenges confirmed our pledge to maintain financial and economic stability.
  4. We reaffirmed our commitment to realizing the goals of the ASEAN Economic Community (AEC). We continued our activities in various areas under the Roadmap for Monetary and Financial Integration of ASEAN.
  5. We also welcomed the continued efforts to operationalize the Chiang Mai Initiative Multilateralization (CMIM), strengthen the AMRO and carry out the workplan under the Asian Bond Markets Initiative (ABMI). We strongly believe that these initiatives are crucial in maintaining economic stability in the region given remaining uncertainties surrounding the global economy.














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