Database on Basic Documents of Japan-ASEAN Relations
Advanced Social and International Studies,
Chairman's Press Statement of the 5th AMM+3
1. The Fifth
Meeting between the Foreign Ministers of ASEAN and the Foreign Ministers of the
Peoples’ Republic of China,
2. The Ministers
exchanged views on regional and international issues affecting the region,
especially with regard to the developments in the
3. The Meeting
expressed their sympathy and condolences to the people and the Government of
4. The Meeting
indicated that it looked forward to the accession of
5. The Meeting
noted the rapid development of the ASEAN+3 cooperation achieved in the span of
one year, notably the expanding areas of cooperation encompassing political,
economic and functional fields. The Meeting reaffirmed the central role of
ASEAN in advancing the ASEAN+3 process towards reaching the establishment of
6. The Ministers
discussed the possibility of the formation of a community that might result
from the intensifying cooperation of ASEAN+3. The Ministers agreed that the
establishment of an
7. The Meeting recognized the potential value of an East Asia Summit at an appropriate time. Prior to the decision on convening such an East Asia Summit, the Meeting underlined the need to have a thorough consideration of the modalities and various aspects relating to this idea, in particular its relationship to the existing ASEAN+3 process. The Meeting appreciated the value of the issue papers on an East Asian community, the functional cooperation and an East Asia Summit, prepared by the Government of Japan, which would facilitate further discussions on the future direction of the ASEAN+3 process and a prospective East Asia Summit.
8. The Ministers noted the progress in the implementation of the short-term measures recommended by the East Asia Study Group (EASG), especially with regard to the Network of East Asia Think-tanks (NEAT) and the East Asia Forum (EAF) and the Study Group on Promotion of Exchange of People and Human Resources Development.
9. The Ministers
welcomed the forthcoming second meeting of NEAT in
10. The Ministers
also took note of the concept paper of
11. The Ministers deliberated on the possible formation of an East Asian Free Trade Area (EAFTA), which might be characterised by free movement of goods, services and freer flow of capital and skilled labour.
12. The Ministers welcomed the significant progress made under the Asian Bond Market Initiative (ABMI) that would eventually facilitate the pooling of funds for productive investment in the region. Under the framework of the Chiang Mai Initiative, the Ministers were also pleased to note the continued expansion of the network of bilateral swap arrangements (BSAs), which had amounted to sixteen BSAs totalling USD 36.5 billion.
13. The ASEAN Ministers appreciated the commitment of the Plus Three countries to support the implementation of the Initiative for ASEAN Integration (IAI) Work Plan.
14. The Ministers
discussed the preparations for the next ASEAN+3