COORDINATING MINISTRY FOR ECONOMIC AFFAIRS
REPUBLIC OF INDONESIA

PRESS RELEASE
HM.4.6/001/SET.M.EKON.3/1/2023

Holding ASEAN Chairmanship 2023, Indonesia is Ready to Make ASEAN the Anchor of Global Economic Stability

Jakarta, January 5th, 2023
 

The Bangkok Declaration signed on August 8, 1967 marked the founding of ASEAN (Association of Southeast Asian Nations) and at the same time served as a momentum to increase cooperation in various fields for countries in the Southeast Asian region. Born through the initiative of five countries, namely Indonesia, Malaysia, the Philippines, Singapore, and Thailand, ASEAN, which currently has a membership of 10 countries, also promotes regional peace and stability.

At the ASEAN Summit in Cambodia on 13 November 2022, Indonesia received the mandate to hold the 2023 ASEAN Chairmanship. Carrying out this mandate, Indonesia adopted the theme "ASEAN Matters: Epicentrum of Growth" which at the same time resonated with the success of Indonesia's G20 Presidency in 2022.

"The captain and navigation of the G20 Presidency in the midst of various global challenges have received appreciation from many countries and Indonesia currently has the highest trust from various countries. The government also continues to encourage ASEAN to become a stable and peaceful region to become the anchor of global economic stability," said the Coordinating Minister for Economic Affairs Airlangga Hartarto. 

ASEAN Matters itself consists of 3 important elements namely the strengthening of ASEAN capacity and effectiveness, ASEAN unity, and ASEAN centrality. Meanwhile, the epicentrum of growth is related to ASEAN's role as the center of regional and world economic growth and consists of 4 important elements namely health architecture, energy security, food security, and financial stability.

In detail, Indonesia raises three priority issues in the economic sector, namely recovery and rebuilding, digital economy, and sustainability, the implementation of which is translated into 16 Priority Economic Deliverables (PED) for 2023.

"Indonesia's chairmanship in ASEAN will focus on handling multidimensional crises such as food, energy, and financial crises," said Coordinating Minister Airlangga.

Indonesia will also strengthen ASEAN's position as a stable and peaceful region, uphold international law, and strengthen cooperation so that ASEAN is able to become a region that is strong, inclusive, and has sustainable economic growth.

Through its important role as the 2023 ASEAN Chairmanship, further confirms Indonesia's position as a global middle power that can substantially influence the global agenda as well as be part of the solution to global problems.

"President Joko Widodo believes that by 2045, ASEAN will become a group of countries that are more adaptive, responsive, competitive, in line with ASEAN's global agenda," said Coordinating Minister Airlangga. (dft/dep7/map/fsr)

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Head of Communications, Information Services, and Meetings Bureau
Coordinating Ministry for Economic Affairs of the Republic of Indonesia
Haryo Limanseto

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