DILI, 13 March 2025– Constructing on the success of the Capability Constructing Programme (CBP) Section 1, the ASEAN Secretariat (ASEC) and the Asian Growth Financial institution (ADB) launched CBP Section 2 in Dili from 11-13 March 2025, bringing Timor-Leste nearer to assembly its commitments underneath the ASEAN Financial Neighborhood (AEC).
This section is designed to reinforce the understanding of Timor-Leste officers on the ASEAN Financial Agreements (AEAs) underneath Precedence One Accession within the Roadmap for Timor-Leste’s Full Membership in ASEAN. The ASEAN Secretariat employees served as useful resource individuals for the coaching.
Session 1 served as a refresher course on the work of the AEC, together with its sectoral our bodies and work plans. It additional mentioned the advantages for Timor-Leste as considered one of beneficiaries underneath the Initiative for ASEAN Integration (IAI). Moreover, the individuals additionally acquired an outline of the AEC Submit-2025 Strategic Plan.
The session opened with Welcoming Remarks by Stefania Dina, ADB Nation Director, and Opening Remarks by Satvinder Singh, Deputy Secretary-Common of ASEAN for the ASEAN Financial Neighborhood, Amarjit Sarjit Singh, Ambassador of Malaysia to Timor-Leste, and Milena Rangel, Vice Minister for ASEAN Affairs, Ministry of Overseas Affairs and Cooperation of Timor-Leste.
In his opening remarks video, the Deputy Secretary-Common of ASEAN highlighted the very important position of the CBP in equipping Timor-Leste with the required experience and institutional readiness to efficiently navigate the accession course of towards full ASEAN membership. He additional reassured Timor-Leste that ASEAN stays steadfast in its dedication to providing continuous technical help, data sharing, and focused coaching programmes.
With 86 individuals from the ministries and line companies from Timor-Leste, particularly the Coordinating Minister of Financial Affairs (MCAE), Ministry of Commerce and Business (MCI), TradeInvest Timor-Leste (TITL), Nationwide Communications Authority (ANC), Ministry of Finance, Ministry of Petroleum and Minerals, Central Financial institution of Timor-Leste (BCTL), Tax Authority, Nationwide Environmental Licensing Authority, IP (ANLA I.P.), Nationwide Institute of Workforce Growth (INDMO), Authority for Inspection and Supervision of Financial, Sanitary and Meals Exercise (AIFAESA, Social Communication (SECOMS), Ministry of Overseas Affairs and Cooperation, SERVE I.P., , the coaching strengthened the nation’s preparedness for integration into ASEAN’s financial framework. Two extra coaching periods are deliberate for the CBP Section 2, which is anticipated to be performed within the coming months of 2025.
The coaching was concluded by closing remarks from Augusto Junior Trindade, Vice Minister of Commerce and Business of Timor-Leste.
After the coaching was concluded, the ASEAN Secretariat was invited to the Nationwide Marketing campaign on ASEAN, to extend consciousness of ASEAN amongst Timorese, performed by the Ministry of Overseas Affairs and Cooperation of Timor-Leste and supported by the European Union.
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