At the 54th ASEAN Economic Ministers (AEM) Meeting, the Economic Ministers launched the negotiations for the ASEAN Framework Agreement on Competition (AFAC), which is to serve as a formal cooperation agreement that would facilitate cross-border cooperation and coordination on CPL matters amongst the ASEAN Member States (AMS).

The 51st Asean Economic Ministers’ Meeting (AEM 51) and related meetings officially started in Bangkok on September 6, bringing together economic leaders from the 10 member countries of the Association of Southeast Asian Nations (Asean) and partner countries.