ASEAN, US sign Regional Development Cooperation Agreement

ASEAN Secretary-General Dato Lim Jock Hoi and US Agency for International Development (USAID) Principal Officer to ASEAN Ryan Washburn have recently signed a Regional Development Cooperation Agreement (RDCA) between ASEAN and the US. ​
ASEAN, US sign Regional Development Cooperation Agreement ảnh 1US Secretary of State Mike Pompeo speaks at the ASEAN-US Ministerial Meeting on September 10. (Photo: VNA)

Jakarta (VNA) -
ASEANSecretary-General Dato Lim Jock Hoi and US Agency for International Development(USAID) Principal Officer to ASEAN Ryan Washburn have recently signed aRegional Development Cooperation Agreement (RDCA) between ASEAN and the US.

The RDCA will contributeto strengthening ties and continuing links of friendship between ASEAN and the US,advancing sustainable and inclusive growth and development. It will encouragerule-based systems in support of a peaceful, secure and prosperous ASEAN, inline with the ASEAN Community Vision 2025, the ASEAN-US Plan of Action(2021-2025) and the Joint Statement of the ASEAN-US Special Summit.

Speaking at the signingceremony, Lim said the US shall continue to be one of ASEAN’s key dialoguepartners in the ASEAN Community building efforts.  ASEAN looks forward tothe implementation of projects and programmes to be supported by the RDCA inresponse to current and emerging challenges.

He thanked the USGovernment, through the USAID and the US Mission to ASEAN, for its support tothe on-going initiatives and the future programmes under the RDCA.

For his part, Washburnsaid this new five-year agreement between USAID and ASEAN, with a value of upto 50 million USD, underscores the US commitment to regional development, ASEAN’scentrality, and the shared goals of regional integration and rules-basedgovernance to promote peace, security and prosperity in ASEAN.

The RDCA will serve asan umbrella framework for all the on-going and future ASEAN-US cooperationprogrammes to address regional and global challenges such as the COVID-19pandemic, human trafficking and forced labour, access to the digital economy,and coordinated responses to natural disasters.

The signing ceremonytook place at the ASEAN Secretariat during the side lines of the ASEAN-USMinisterial Meeting on September 10, marking another milestone of the ASEAN-USstrategic partnership and development cooperation./.
VNA

See more

The RoK's Finance Minister Choi Sang-mok speaks at a trilateral meeting with his Japanese and Chinese counterparts in Georgia. (Photo: Yonhap)

ASEAN+3 to create new financing facility against regional crises

The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.

Thailand to apply VAT on imports sent via post

Thailand to apply VAT on imports sent via post

The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
Malaysia asserts pioneering role in halal industry

Malaysia asserts pioneering role in halal industry

Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
ASEAN Future Forum 2024 enters first session

ASEAN Future Forum 2024 enters first session

The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
ASEAN bolsters intellectual property cooperation

ASEAN bolsters intellectual property cooperation

The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.