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Crossover: China proposes to establish investment banks among ASEAN countries


08-11-2014 13:35 BJT

Southeast Asian countries say they remain committed to the formation of an ASEAN Community by next year. Foreign Ministers from the ten ASEAN member countries issued a joint communique in Nay Pyi Taw on Sunday, the final day of their annual meeting. They reaffirmed their commitment to preserving Southeast Asia as a nuclear weapon-free zone, and an area free of all other weapons of mass destruction. They also pledged to explore ways to formalize relations between ASEAN and the International Atomic Energy Agency.

Our correspondent Andy Saputra has been covering the ASEAN meeting in Nay Pyi Taw. He’s shared with us Sunday’s major achievements. And China has proposed setting up an infrastructure investment bank among the ASEAN countries.

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