ASEAN economic ministers have reaffirmed ASEAN’s commitment to the overall plan for building an ASEAN Economic Community by 2015.

The commitment was displayed by the ministers at the 42nd ASEAN Economic Ministers’ Meeting and the fourth ASEAN Economic Community held in the central city of Danang.

The economic ministers noted that the region’s economy is showing signs of recovery and the ASEAN economy is predicted to grow at a higher rate this year than in 2009.

They agreed to support the private sector in bringing new life into the ASEAN Economic community.

At the fourth ASEAN Economic Community meeting, the economic ministers also listened to a report by Vietnamese Transport Minister Ho Nghia Dung on the results of transport cooperation between the bloc’s countries.

Source: VOV