Release of the Interim Note for Developing the ASEAN-Japan Economic Co-Creation Vision

January 6, 2023

Today, the Ministry of Economy, Trade and Industry (METI), the Japan External Trade Organization (JETRO), and the Japan Chamber of Commerce and Industry and others in the business community released the interim note for developing the ASEAN-Japan Economic Co-Creation Vision.


METI, JETRO and the Japan Chamber of Commerce and Industry and others in the business community have been jointly discussing through a study group the development of the ASEAN-Japan Economic Co-Creation Vision (hereinafter the Vision), which will set the direction for a new era of ASEAN-Japan economic co-creation looking to the future, on the occasion of the 50th Year of ASEAN-Japan Friendship and Cooperation in 2023. Based on the interviews with various ASEAN and Japanese companies, experts and others, and discussions by the study group, an interim note for developing the Vision has now been released.
We will continue to listen to and reflect the opinions of especially each ASEAN country’s business community and others and deepen our discussions toward the final compilation of the Vision this year. In addition, to commemorate the 50th Year of Japan-ASEAN Friendship and Cooperation, we are planning to hold a series of events this year, including an event on the theme of ASEAN-Japan co-creation by ASEAN business organizations, the ASEAN-Japan Business Week 2023, and a special ASEAN-Japan Business Summit. In addition to these events, support for promotion of ASEAN and Japanese companies will be provided. Through these ASEAN-Japan Economic Co-Creation Series, we will continue to build momentum in the public and private sectors towards ASEAN-Japan economic co-creation.

Summary of the interim note of developing the Vision

Chapters of the Vision

  1. Introduction – Redefining the ASEAN-Japan economic relationship in commemoration of the 50th Year of Friendship and Cooperation between ASEAN and Japan
  2. Recognition of the current situation – Reflecting on the changes in the relationship between ASEAN and Japan and understanding our current position
  3. Vision for a New ASEAN-Japan Economic Relationship
  4. Four pillars of action to realize the vision
  5. Conclusion – Next steps towards realizing the ASEAN-Japan Economic Co-Creation Vision

Key-statement of the Vision

“Develop a society that is ‘safe, prosperous and free’ through fair and mutually beneficial economic co-creation based on the trust that has been built over the past 50 years.”

Four pillars of action for economic co-creation

① Balancing diversity and inclusiveness in sustainable development
② Strengthening cyber-physical connectivity
③ Promoting open innovation beyond borders
④ Building an ecosystem in co-creating dynamic human capital