APT cooperation in finance and monetary is pursued under the umbrella of ASEAN+3 Finance Ministers' and Central Bank Governors' Meeting (AFMGM+3), with the Chiang Mai Initiative Multilateralisation (CMIM), the ASEAN+3 Macroeconomic Research Office (AMRO), which was established as an international organisation on 9 February 2016, and the Asian Bond Market Initiative (ABMI) being in the centre of the cooperation.
The APT Finance Ministers' and Central Bank Governors met at their 26th meeting held on 2 May 2023 in Incheon, Republic of Korea to exchange view on the developments and the outlook for the global and regional economies, as well as policy response to risks and challenges. In their Joint Statement, the APT Finance Ministers and the Central Bank Governor recognized that the ASEAN+3 financial cooperation had played an increasingly essential role in supporting regional economies to address risks and challenges and further agreed to strengthen regional financial cooperation through the initiatives under the Regional Financing Arrangements (RFA) Future Direction, CMIM, AMRO, ABMI, Disaster Risk Financing (DRF), and ASEAN+3 Future Initiatives.
Mechanisms
Ministerial Level
AFMGM+3
ASEAN Plus Three Finance Ministers and Central Bank Governors' MeetingLatest: 27th AFMGM+3
SOM Level
AFCDM+3
ASEAN+3 Finance and Central Bank Deputies’ MeetingLatest: ASEAN+3 Finance and Central Bank Deputies Meeting (AFCDM+3)
Upcoming: 2nd AFCDM+3
WG Level
TF+3
ASEAN+3 Finance Task Force Meeting under ABMILatest: 3rd TF+3
Upcoming: 4th TF+3
WG CMIM
Working Group for Chiang Mai Initiative MultilateralizationAMRO Working Committee
ASEAN+3 Macroeconomic Research Office Working CommitteeWorking Group of ASEAN+3 Future Initiatives
Working Group of ASEAN+3 Future Initiatives
Other Places
- Cooperation levels:
- Cooperation pillars:
- Other themes:
- Track 1.5 & Track 2
- Science, Technology and Innovation
- Minerals
- Labour
- Gender
- Rural Development and Poverty Eradication
- Health
- Education
- Environment
- Information and Media
- Culture and Arts
- Civil Service
- Youth
- Social Welfare and Development
- Economic
- Tourism
- Food, Agriculture, and Forestry
- Energy
- Transnational Crime and Illicit Drugs
- Political