ASEAN becomes engine of regional economic development

07:59, July 23, 2010      

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The ASEAN is becoming an engine of the regional economic development, as well as of world economic development, an expert from the East Asian Institute of National University of Singapore said in Singapore on Thursday.

In an exclusive interview with Xinhua, Dr. Zhao Hong said ASEAN member countries not only export goods to other countries, but also become a big market that will also import more goods from other countries.

"In this sense, the ASEAN is very important, and is also a driving force in regional economic integration. So we can say the ASEAN plays a very important role today," Zhao said.

Ministers from ASEAN member countries convened in Vietnam this week. "They have reached a consensus on regional economic cooperation and stressed that all the ASEAN countries will make greater efforts on economic integration in the ASEAN and also in East Asia," He said.

"Apart from this, they also made consensus to improve regional economic integration, and are becoming cooperative with other countries, such as China, Japan and South Korea, so as to make economic recovery more quickly and better in this region," said Zhao.


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(Editor:秦唯(实习))

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