Anwar noted that Asean, now the fifth-largest economy in the world with a combined gross domestic product of US$3.8 trillion, is strategically placed to address a range of global challenges, particularly in the areas of geopolitics and economics.

He said that when the Asean Economic Community was launched in 2015, member states envisioned the region as competitive and resilient.

“That vision has guided our journey and it continues to inspire us today,” he said at the gala dinner of the 57th Asean Economic Ministers’ Meeting and Related Meetings in Taman Botani Perdana here today.

“With the Regional Comprehensive Economic Partnership, enhanced Asean trade agreements, and deepening partnerships, we are on track to become the world’s fourth-largest economic bloc by 2030.”

The region’s economy grew by 4.8% last year supported by steady household spending, while 2025 GDP growth is projected at 4.2% amid global uncertainties.

Anwar said Asean is more than just a collection of member states as its collective strength commands respect on the global stage.

He stressed that Asean, which has more than 700 million people, must take a more active role and no longer be just observers when facing global challenges.

“We must take the lead. Resilience must be built from within – by strengthening supply chains, empowering and investing in sustainability, and harnessing innovation.

“We must not only respond, we must lead. Resilience must be built from within by strengthening supply chains, empowering micro, small and medium-sized enterprises, investing in sustainability, and embracing innovation,” he said.

Anwar also welcomed a proposal to convene the first-ever joint Asean foreign and economic ministers’ meeting next month, describing it as a timely initiative.