Thursday, July 25, 2024
26 C
Brunei Town

ASEAN integration highlighted at meeting

Azlan Othman

The Interim President of the National Chamber of Commerce and Industry Brunei Darussalam (NCCIBD) Haji Abdul Saman bin Haji Ahmad said he is looking forward to working closely with fellow ASEAN Manufacturing Network (AMN) members. He made these comments during a virtual meeting yesterday.

During the previous meeting, it was highlighted that COVID-19 pandemic served as a wake-up call on the need for greater integration within ASEAN – to look at near-shore options to shorten supply chains and increase proximity to customers. ASEAN as a competitive economic grouping should take advantage of this to distribute production nodes according to cost, skill and competitiveness across ASEAN.

AMN is a networking platform for manufacturing and trade related associations in ASEAN to collaborate to restructure regional production networks.

The objectives are to serve as a platform to promote cooperation and coordination among the manufacturing related associations in ASEAN, and advocates and represents the interest of the manufacturing industry in ASEAN at regional and international forums.

It also formulates and develops recommendations on measures to ensure a sustainable supply of manufactured goods to be made available at national and regional levels and initiate, communicate and collaborate on programmes, plans and projects to restructure regional production networks to boost intra-regional trade and investments.

It also promotes closer relations and cooperation between manufacturers in the region with other regional and international organisations with similar aims and objectives.

NCCIBD Deputy President Malcolm Lim and Deputy Secretary General Haji Abdul Halim Haji Saim also represented Brunei. The next meeting will be held face to face in Cambodia before the ASEAN Business Advisory Council (ABAC) meeting later this year.

NCCIBD Interim President Haji Abdul Saman bin Haji Ahmad at the virtual meeting. PHOTO: AZLAN OTHMAN