The ASEAN Ministers for minerals and mines held their inaugural or 1st ASEAN Ministerial Meeting on Minerals (AMMin) in Kuching, Sarawak, Malaysia on 4 August 2005. The AMMin was created as a venue for the ASEAN ministers to discuss issues and developments, such as trade and investment and to set policy directions in the minerals sector. The Ministers meet once in two years.
To realize the policy agenda brought about by the 2004-2010 Vientiane Action Programme (VAP), the Ministerial Understanding (MU) on ASEAN Cooperation in Minerals was signed during the AMMin Inaugural Meeting. The MU formalized regional cooperation in order to:
- Develop a regional policy on mineral resource utilisation and intraand inter-ASEAN minerals trade and investment;
- Enhance domestic and foreign private sector participation and investment;
- Strengthening institutional and human capacities to facilitate research and innovation;
- Engage ASEAN dialogue partners and international organizations in the promotion of responsible mining, research, development and technology transfer; and
- Conduct safe, environmentally-friendly and socially responsible mining.
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