"A key demonstration of ASEAN’s commitment to build back better is the signing of the Regional Comprehensive Economic Partnership(RCEP) Agreement last year. An open international trade is central to our effort towards sustainable economic growth and once ratified, RCEP will be thelargest regional trade agreement in the world," he noted.
The ASEAN leader urged AIPA Member Parliaments to complete theirrespective ratification process of the deal at the earliest possible time.
He said the theme of this year’s General Assembly, ‘ForgingParliamentary Cooperation in Digital Inclusion towards ASEAN Community 2025’,is highly relevant amid the Fourth Industrial Revolution. The pace of digitaltechnology adoption and the prevalence of digital solutions in the region havepicked up during the pandemic.
This positive trend is expected to carry on into the 'newnormal’, he stated.
According to the Secretary-General, ASEAN is currentlydeveloping the Bandar Seri Begawan Roadmap on Digital Transformation andRecovery to leverage on the ongoing digital transformation happening in theregion. Among others, this would be achieved through strengthening capacitiesand coordination mechanism on digital transformation, cross-border payment interoperability,and greater intellectual property protection.
"Our digital integration agenda will also be further cementedthrough the Consolidated Strategy on the Fourth Industrial Revolution," heaffirmed.
As the region’s lead parliamentary organisation, AIPA hassignificantly contributed to cooperation and development across the threecommunity pillars of ASEAN, he said.
He added that AIPA plays a key role intransposing regional commitments to national laws, expediting the ratificationof ASEAN agreements, aligning domestic laws with regional priorities, as wellas monitoring law implementations across the region./.