JAKARTA, INDONESIA, June 11, 2018 – Dr Junhong Chang, Director of the ASEAN+3 Macroeconomic Research Office (AMRO), visited the Economic Research Institute for ASEAN and East Asia (ERIA) in Jakarta, Indonesia, on June 6, 2018, and had a discussion with ERIA President Professor Hidetoshi Nishimura on strengthening cooperation between the two organizations.
Dedicated to regional macroeconomic surveillance and research, both sides recognized the importance of building strong and institutionalized collaboration to contribute to enhancing regional financial cooperation. In this regard, the two leaders agreed to leverage on each institution’s comparative advantages to collaborate in several research projects and programs to support ASEAN+3 members.
In particular, AMRO and ERIA would explore the possibility of providing regional economic analyses to high-level meetings in the region, such as the ASEAN and East Asia Summits.
The ASEAN+3 Macroeconomic Research Office (AMRO) was established to contribute to securing the economic and financial stability of the ASEAN+3 region, which includes 10 members of the Association of Southeast Asian Nations and China, Hong Kong, China, Japan, and Korea. As an international organization, AMRO fulfils its mandate by conducting macroeconomic surveillance, supporting the implementation of the regional financial arrangements, the Chiang Mai Initiative Multilateralisation (CMIM), and providing technical assistance to the members.