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Last week in the future for the development of ASEAN tried to think what is needed.

The East Asian countries, has focused on attracting foreign companies in order to develop import substitution industries, and at the same time to promote the accumulation of export-oriented industries, As a result, building a network of international production and distribution of the finest in the world, today, has become a source of high international competitiveness ASEAN.

When I think of the ASEAN in the future, it will be important to further activate this international production and distribution networks. To do so, there are many remaining challenges, such as the service of reducing further restructuring and cost efficient link of an import substitution industries are protected by trade protection. As Japan, it is desirable to encourage the self-help efforts of countries with, we are committed to actively design for the future of economic integration that take advantage of the characteristics of the East Asian economy

. Go on to achieve economic growth in developing countries, foreign direct investment plays a very important role. There are many Factors that determine the inflow of foreign direct investment, but, the results of the empirical analysis, it was found that the impact of domestic governance especially large. It is also important efforts through the improvement of educational standards and reduction of corporate tax rate, improvement of environmental governance is significantly higher than their effects. In addition, the result of examining the impact of governance indicators of six, it is particularly important, "the quality of the system" (Regulatory Quality), whether or not there are no constraints and institutional anti-market that is has been suggested.

Interview conducted on-site in Japan and the comparison with the early economic development in Thailand and Malaysia, Vietnam's growth is expected to be at least as an export base. On the other hand, the Cambodia-Laos detonator to promote industrialization is not found, the moment that the mild economic growth is realistic is suggested.

Common challenges in the new Member States is diverse, inter alia, it should focus on improving education, improving capacity building, financial and taxation power, four points of financial stability. In the new Member States, there have been vicious cycle financial situation is tight in order to force tax collection without education, human resources who play a major role in the future is neglected, capacity building does not proceed as a result, it does not improve the government's ability . I want to emphasize that it is important to switch to this vicious circle virtuous circle.

Although sluggish economic ASEAN stands out in comparison with China, ASEAN is an important pillar of East Asia, there is no change in any way to be an important partner for Japan. Not only within the region, such as ASEAN currency crisis, while minimizing the risks faced by East Asia, it is important to realize that the future economic development balanced with China.

To do so, mind-set of ASEAN countries of securing international competitiveness and sound macroeconomic management is, of course, support for Japan with ASEAN and the closely related is indispensable. Promote open markets with Japan, it is required to strengthen the intellectual support for countries such as ASEAN, will contribute to strengthening the competitiveness of the centripetal force recovery and ASEAN.