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ASEAN is the world's sixth largest economy. Photo: asean.org
PM Razak said ASEAN member nations have maintained friendly ties and made decisions based on the spirit of consensus and respect for sovereignty of each country.

The ASEAN nations have united together but have not interfered in each other’s internal affairs, he stated, adding that the bloc is now recognized as a primary driving force in the regional political, security and economic architecture, under which major powers negotiate and discuss important issues through the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS).

The Malaysian PM went on to say that ASEAN is leading and driving forward the Regional Comprehensive Economic Partnership (RCEP), which would bring new opportunities to nearly half of the world’s population and presents 30 percent of the global Gross Domestic Product (GDP).

With a combined GDP of USD 2.6 trillion, ASEAN is the world's sixth largest economy, and is projected to become the fourth largest economy in the world by 2030 at the latest, with some estimating the region will reach that position by 2030, he noted.

Mentioning the ASEAN Community, PM Razak said ASEAN works towards a community that is politically cohesive, economically integrated and socially responsible and that the key to a people-centered community is putting the citizens at the heart of ASEAN.

He stressed that all ASEAN members must strive to make the Southeast Asian region more relevant to its people and make people think of themselves as ASEAN citizens.

Source: VNA