G20 Trade and Investment Ministerial Meeting

Environmental sustainability is an important agenda in ASEAN's recovery efforts through initiatives that will contribute to inclusive and sustainable socio-economic growth in ASEAN. This was stated by the Minister at the Prime Minister's Office and Second Minister of Finance and Economy at the G20 Trade and Investment Ministerial Meeting via video conferencing at the Ministry of Finance and Economy. Yang Berhormat Dato Seri Setia Dr. Awang Haji Mohd Amin Liew bin Abdullah added that Micro, Small and Medium Enterprises, MSMEs play a vital role in ASEAN's economic growth and integration efforts.

Yang Berhormat in his intervention shared that in addressing challenges posed by the pandemic, ASEAN has placed its focus on recovery as outlined in the ASEAN Comprehensive Recovery Framework, ACRF; and under Brunei Darussalam's priority economic deliverables, ASEAN has embarked on developing the Bandar Seri Begawan Roadmap, BSBR, which seeks to leverage on the positive digitalisation momentum to ensure ASEAN's digital transformation agenda can be achieved effectively and efficiently.

Yang Berhormat also shared that environmental sustainability is another important agenda in ASEAN's recovery efforts through initiatives such as Joint Declaration on Energy Transition, developing a framework for Circular Economy and the ASEAN sustainable taxonomy which will contribute to inclusive and sustainable socio-economic growth in ASEAN; as well as the important role of Micro, Small and Medium Enterprises in ASEAN's economic growth and integration efforts. Under the BSBR and ACRF, ASEAN envisages that information sharing, reskilling and upskilling of MSMEs will help the transition towards digital and sustainable recovery. The meeting was chaired by His Excellency Luigi Di Maio, Minister of Foreign Affairs and International Cooperation, Italy.

Source: Radio Television Brunei

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