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Indonesia is hosting the 42nd ASEAN Summit from May 9 to 11. ASEAN members are keen on economic recovery as they tackle inflation and transition into a post-pandemic era. The summit’s theme “ASEAN Matters: Epicentrum of Growth“ shows that the regional bloc has become more confident in its role as a global economic engine. The summit is also expected to reinforce de-dollarization efforts, as the bloc looks to promote trade in local currencies. What are the prospects for economic integration within ASEAN and between ASEAN and the world?
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