Southeast Asian ministers endorse plans for pandemic fund

Image
AP Manila
Last Updated : Apr 10 2020 | 4:20 PM IST

Southeast Asian foreign ministers have endorsed the setting up of a regional fund to respond to the coronavirus pandemic and discussed a planned video summit of their leaders with counterparts from China, Japan and South Korea.

The Department of Foreign Affairs in Manila said Friday that the top diplomats of the 10-member Association of Southeast Asian Nations linked up by video Thursday in a meeting led by Vietnam.

The ministers endorsed several collective steps to fight the pandemic, including the establishment of a COVID-19 ASEAN response fund, the sharing of information and strategies and ways to ease the impact of the global health crisis on people and the economy, the department said in a statement. It did not provide details.

They also discussed the planned meeting of their leaders with counterparts from China, Japan and South Korea in a video conference on April 14 to talk about the pandemic, three Southeast Asian diplomats told The Associated Press. The diplomats spoke on condition of anonymity due to a lack of authority to discuss the high-level meeting.

In Thursday's discussion, Philippine Foreign Secretary Teodoro Locsin Jr. stressed the importance of maintaining peace and stability in the South China Sea amid the contagion, the department said.

The Philippines has expressed solidarity with Vietnam after a Vietnamese fishing boat was reportedly rammed and sank by a Chinese coast guard ship in disputed waters near the Paracel islands in the South China Sea.

Vietnam and the Philippines and two other ASEAN member states, Brunei and Malaysia, have been locked in longstanding territorial disputes with China and Taiwan in the strategic waterways, one of the world's busiest.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 10 2020 | 4:20 PM IST

Next Story