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ASEAN+3 Finance and Central Bank Deputies’ Meeting held

August 19, 2020

The ASEAN+3 Finance and Central Bank Deputies’ Meeting (AFCDM+3) took place in Ha Noi on August 5. The ASEAN+3 Finance and Central Bank Deputies’ Meeting (AFCDM+3) takes place in Ha Noi on August 5, 2020 – Photo: VGP/Nguyen Hoang This meeting has been considered as an important milestone in the ASEAN+3 financial cooperation progress in 2020 contributing to the Viet Nam’s 2020 ASEAN Chairmanship. The outcomes of discussion will be reported to the ASEAN+3 Finance Ministers and Central Bank Governors in September 2020. The meeting has been composed of representatives from the Asian Development Bank (ADB), International Monetary Fund (IMF), Director of the ASEAN+3 Regional Macroeconomic Research Office (AMRO), ASEAN Deputy Secretary General, Finance and Central Bank Deputies of ASEAN+3 countries. Vice Minister of Finance Tran Xuan Ha and Deputy Governor of the State Bank of Viet Nam Nguyen Thi Hong and Japan co-chaired the discussions. At the meeting, the ASEAN Finance and Central Bank Deputies and counterpartners from China, the Republic of Korea and Japan have actively discussed the financial cooperation initiatives within the ASEAN+3 region, such as the Chiang Mai Initiative Multilateralization (CMIM), Asian Bond Market Development (ABMI), reviewed new initiatives on financial cooperation in ASEAN+3, and endorsed…

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