ASEAN+3 definition
Examples of ASEAN+3 in a sentence
The Fund shall be administered by the ASEAN Secretariat in accordance with the terms and conditions contained in the attached Terms of Reference of the ASEAN+3 Finance Cooperation Fund (hereinafter referred to as “the Terms of Reference”), which shall form an integral part of this Agreement.
The Contracting Parties shall establish an ASEAN+3 Finance Cooperation Fund (hereinafter referred to as “the Fund”) to provide financial support for the ASEAN+3 finance meetings.
The Fund shall be disbursed for the purpose of meeting the administrative and logistics costs incurred by any Contracting Party in organizing and hosting any of the ASEAN+3 finance meetings.
As well, each CMIM party is requested to comply with covenants such as submission of the periodic surveillance report and participation in the ASEAN+3 Economic Review and Policy Dialogue.
The central banks/monetary authority of ASEAN+3 countries as well as Hong Kong Monetary Authority issues a commitment letter in the amount equivalent to their committed contribution.
In addition, an independent regional surveillance unit called the ASEAN+3 Macroeconomic Research Office (AMRO) was established as a company limited by guarantee in Singapore in April 2011 to monitor and analyze regional economies and support the CMIM decision-making process.
Disbursement of the ASEAN+3 Finance Cooperation Fund: The ASEAN Secretariat would be responsible for the disbursement of funds to the host country for the purpose of the Agreement.
ASEAN+3 pada dasarnya dapat dikatakan memiliki tema ‘Asia untuk orang Asia’.
Terbentuknya ASEAN+3 pada tahun 1997 yang terdiri atas negara-negara ASEAN ▇▇▇ tiga negara berpengaruh yang juga merupakan mitra dagang utama (Jepang, China, ▇▇▇ Korea Selatan) memberikan tantangan besar bagi Australia dalam menerapkan politik luar negerinya di wilayah Asia.
The ASEAN+3 Finance Cooperation Fund (hereinafter referred to as “the Fund”) shall be utilized for the purpose of meeting the administrative and logistics costs incurred by any Contracting Party in organizing and hosting any of the ASEAN+3 finance meetings (hereinafter referred to as “the host country”).