KUALA LUMPUR – Prime Minister Datuk Seri Najib Tun Razak on Thursday said further integration in ASEAN will lead to the world witnessing the emergence of a new economic power in Southeast Asia.
“I say new, because although our economies have been trade and commercial hubs for centuries, we are today creating an economic union unlike anything since the days of empire,” he said.
In realising that, the Prime Minister said ASEAN’s priority must be to ensure that integration leads to equitable wealth creation and distribution as well as deepen financial integration and inclusion.
“We must ensure that all sectors of our economies are fully engaged in the ASEAN Community,” he said in his keynote address at the ASEAN CAP10 CEO Summit here Thursday.
Najib said an economically integrated ASEAN benefits all of its member states with freer movement of goods, services, skilled labour and capital. – BERNAMA