Officials said the 10-member Association of Southeast Asian Nations (ASEAN) was well-placed to withstand the impact of the US Federal Reserve's "tapering" of its liquidity-boosting quantitative easing programme.
"We are vigilant to global economic challenges and pledge our commitment to maintain financial stability in our region and beyond," Myanmar Finance Minister Win Shein said in his opening remarks in the capital Naypyidaw.
"We have taken concrete and bold steps in maintaining financial markets and implementing the road map for monetary and financial integration in the region," he said.
Under quantitative easing, the Fed "creates" money to buy government debt from financial institutions, which helps lower long-term interest rates, in theory stimulating the economy by encouraging companies and individuals to borrow.
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Low interest rates in the West following the 2008-2009 financial crisis prompted investors to seek out higher returns elsewhere, such as in buoyant emerging economies such as Indonesia, the Philippines and Thailand.
But experts note that so far the impact has been limited, thanks partly to the region's efforts to strengthen its defences since the 1997-98 Asian Financial Crisis.
"The macro-economic fundamentals of ASEAN countries are strong - much stronger than in 1997," Asian Development Bank president Takehiko Nakao said at the meeting.
"Governments have pursued sound macro-economic policies. Banks are well capitalised. Financial regulations and supervisions have been strengthened. Countries now enjoy larger foreign reserves."
"Domestic demand of ASEAN countries is solid. The US recovery continues to strengthen. The euro zone will return to positive growth this year and Japan's economy today is stronger than before," he said.