ASEAN KEY DESTINATIONS
Asean ministers address regional issues
Singapore's Foreign Affairs Minister George Yeo opened his address to the General Assembly highlighting fears of economic imbalances in Asia.
"Without fundamental restructuring, increased liquidity in a global system, we'll end up creating new asset bubbles some of which we already see forming in Asia. For this restructuring to take place - the international trading system must be kept open - only then can markets make the adjustment and prices find the right levels."
Mr. Yeo also stressed the need to spread education by advancing technologies, which he called the key to sustainable and successful development.
Meanwhile, Myanmar's military government responded to calls from UN and Asean leaders for transparency at the upcoming November general elections.
Nyan Win, Myanmar's Minister of Foreign Affairs, said: "Whatever the challenges facing us, we are committed to do our best for the successful holding of the free and fair general elections for the best interest of the country and its people."
Indonesia's Foreign Affairs Minister Marty Natalegawa also focused on democracy as he highlighted tolerance and mutual respect among cultures, religions, faiths and civilizations.
"As the world's third largest democracy, Indonesia is proof that Islam, democracy and modernization can go hand in hand. It is an endless journey. It must keep evolving to remain capable of addressing new challenges."
Asian regional issues such as the Chinese currency debate, Myanmar elections and North Korea's leadership succession, are set to move towards the top of the global agenda.
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