Hanoi, April 12 -- Hanoi (VNA) - Finance ministers and central bank governors of the Association of Southeast Asian Nations (ASEAN) on April 10 expressed concern over escalating tensions in the Middle East and their potentially serious impact on the global economy.

In a joint statement issued after the 13th ASEAN Finance Ministers' and Central Bank Governors' Meeting (AFMGM) in the Philippines, the officials said they expressed concerns on rising geopolitical risks, global trade uncertainties, and disruptions to energy markets that may increase volatility in inflation, financial markets, and capital flows.

Officials emphasised the need to deepen policy coordination, enhance financial cooperation, advance inclusive and sustainable growth...