ASEAN adopts 20-year strategic vision for sustainable growth under Kuala Lumpur Declaration
The ASEAN Community Vision 2045 includes measures to strengthen the use of local currencies for cross-border transactions
Leaders of the Association of Southeast Asian Nations (ASEAN) have formally adopted the Kuala Lumpur Declaration on ASEAN 2045, outlining a comprehensive 20-year roadmap to guide the region’s political, economic, social, and connectivity agenda. This is reported by Xinhua News Agency, a partner of TV BRICS.
Endorsed at the 46th ASEAN Summit in Kuala Lumpur, the declaration sets the framework for the ASEAN Community Vision 2045, a forward-looking strategy designed to strengthen regional unity, promote inclusive growth, and enhance ASEAN’s position as a major global economic force.
Malaysian Prime Minister Anwar Ibrahim emphasised that the vision rests on the principles of sustainability, inclusivity, and people-centred development. He noted the importance of closing development gaps, raising living standards, and investing in human potential.
The ASEAN Community Vision 2045 is structured around four strategic pillars: political cooperation, economic integration, socio-cultural advancement, and enhanced regional connectivity.
In addition to its development goals, the Vision includes measures to strengthen the use of local currencies for cross-border transactions, improve disaster risk financing, and address the impacts of environmental degradation.
As ASEAN chair for 2025, Malaysia is hosting the summit series under the theme “Inclusivity and Sustainability,” reinforcing the group’s long-term commitment to regional cooperation.
Photo: iStock
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