Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, delivered opening remarks at the 4th AMRO Forum in Hong Kong on July 16, 2026, the first time the city has hosted the event. He stated that the forum’s theme, “from fragmentation to resilience,” addresses challenges including geo-economic fragmentation, supply chain disruptions, and financial vulnerabilities. Yue said that ASEAN+3 members have shown a capacity to withstand shocks, with resilient economic growth despite tariff shocks, stable financial markets during global volatility, and mostly stable currencies, attributing this to enhanced economic fundamentals, deeper local currency debt markets, and sound macro-financial policies. Yue identified three areas for deepening regional cooperation: deepening economic integration through trade digitalization, expanding the use of local currencies in cross-border transactions and financing, and strengthening the regional financial safety net via the Chiang Mai Initiative. He noted that while progress has been made, local currencies still play a small role in regional transactions and that most trade invoicing is not denominated in foreign currencies. Yue mentioned HKMA initiatives such as Project Cargo X and Project Ensemble to improve trade finance efficiency and tokenization, and expressed hope that other jurisdictions would join these efforts. He reaffirmed HKMA’s commitment to collaborating with AMRO and the BIS Asian Office to advance regional financial integration and resilience.