LAUNCH OF 2017 EDITION OF THE OECD ECONOMIC OUTLOOK FOR SOUTHEAST ASIA, CHINA AND INDIA WITH A SPECIAL SESSION ON THE 50TH ANNIVERSARY OF ASEAN AND THE PRESENTATION OF THE FINAL REPORT OF THE MULTI-DIMENSIONAL REVIEW OF MYANMAR ON 15 DECEMBER 2016
The launch of the 2017 Edition of the OECD Economic Outlook for Southeast Asia, China and India with a Special Session on the 50th Anniversary of ASEAN and the Presentation of the Final Report of the Multi-Dimensional Review of Myanmar was held at Château de la Muette in the Organisation for Economic Cooperation and Development (OECD) Headquarters on Thursday, 15 December 2016 from 0900 – 1745hrs.
Session 2 on ASEAN Regional Integration Challenges with Special Focus on Energy was moderated by HE Datuk Ibrahim Abdullah, Ambassador of Malaysia to France. Both HE Datuk Ambassador and Sanjayan Velautham, Executive Director, ASEAN Centre for Energy highlighted that progress has been made on the ASEAN Power Grid (APG) as Malaysia, Thailand and Laos have inked a memorandum of understanding (MoU) to facilitate the implementation of a multilateral cross-border power trade up to 100 MW through Thailand on the sidelines of the 34th ASEAN Ministers on Energy Meeting (AMEM) in Nay Pyi Taw, Myanmar on 21 September 2016.
On the theme of addressing energy challenges, the OECD upholds their view that Total Primary Energy Supply is expected to increase from 4 406 million tonnes of oil equivalent in 2013 to 6 998 in 2040, with fossil fuels remaining the main source of energy used in the region. With the advent of electric vehicles and motor vehicles that are increasingly more fuel efficient, it would not be out of reach for the region to eliminate oil and gas import requirements by 2040.
Against the backdrop of global events, trade protectionism, as well as anti-trade and globalisation were key topics of discussion. It was emphasized that the success of ASEAN is crucial for the world economy in times of anti-trade and globalisation.
During the special session on 50 Years of ASEAN in Global Governance, José Miguel R. De la Rosa, Undersecretary, National Economic and Development Authority (NEDA), Philippines, outlined the priorities during the ASEAN Philippine chairmanship as follows: –
The programme closed with the presentation of the final report of the Multi-Dimensional Review of Myanmar. It was upheld that the main contribution of the Multi-dimensional Review of Myanmar was the in depth analysis on the opportunities and challenges of Myanmar as well as policy recommendations to improve the lives of millions in their country. The OECD would like to extend the Multi-dimensional Review to other countries.
Welcoming remarks by HE Ambassador Jong-Won Yoon of the
Korean Delegation to the OECD.