Southeast Asian finance ministers are "vigilant" in the face of economic risks such as reduced US monetary stimulus, Myanmar said Saturday at a meeting that underscored its return to the international diplomatic stage. Officials said the 10-member Association of Southeast Asian Nations (ASEAN) was well-placed to withstand the impact of the US Federal Reserve's "tapering" of its liquidity-boosting quantitative easing programme. "We are vigilant to global economic challenges and pledge our commitment to maintain financial stability in our region and beyond," Myanmar Finance Minister Win Shein said in his opening remarks in the capital Naypyidaw. "We have taken concrete and bold steps in maintaining financial markets and implementing the road map for monetary and financial integration in the region," he said, according to AFP.
http://www.information.myanmaronlinecentre.com/vigilant-asean-discusses-economic-risks/
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