The 28th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3) unfolded on May 4, 2025, in the historic city of Milan, Italy. Leaders from ASEAN nations, alongside China, Japan, and South Korea, gathered to chart the economic future of the region amid a shifting global landscape.
This high-stakes meeting produced a joint statement emphasizing the unwavering commitment of member countries to foster regional financial stability and sustainable growth. The leaders reaffirmed their resolve to deepen cooperation, enhance economic resilience, and ensure inclusive prosperity for all their people.
Key highlights included renewed pledges to strengthen financial safety nets and to promote policies supporting innovation and green development. The dialogue also tackled pressing challenges, such as navigating global inflation pressures and accelerating digital economy integration across the region.
As the world watches closely, the ASEAN+3 bloc sends a clear message: unity and strategic collaboration remain vital in steering Asia towards a robust and stable economic future. The Milan gathering marks another pivotal step in cementing the region’s collective strength on the global stage.