Small step toward 'one East Asia'
East Asian nations vow to foster dialogue
PM says East Asia Summit, a 'historic meeting'
East Asian nations to boost economic ties
Manmohan calls for creation of pan-Asian free trade area
ASEAN must boost ties with India 
Asian powers seek elusive chemistry at new summit
ASEAN leaders for integrating economies, societies
India to help in E Asian economic integration

 

 

 

 

Small step toward 'one East Asia'
The Japan Times
December 19, 2005

The concept of an East Asian Community -- a broad regional grouping that would bring together countries in East Asia and other areas in economic, political, security and other fields of common interest -- took a formal step toward realization last Wednesday at a summit meeting in Kuala Lumpur. Leaders of 13 countries -- the 10 members of the Association of Southeast Asian Nations (ASEAN) plus Japan, China and South Korea -- signed a declaration calling for joint efforts to create such a community. Participants at this first East Asian Summit, which was attended by India, Australia and New Zealand, also signed a separate document stating that the summit should play a major role in forging the community.

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East Asian nations vow to foster dialogue
Vietnam News
December 15, 2005

Leaders of 10 ASEAN countries and their dialogue partners vowed to foster strategic dialogue and promote co-operation in political and security issues for peace at the historic first East Asian Summit (EAS) in Kuala Lumpur yesterday.

In a declaration issued yesterday at the summit, the East Asian leaders reiterated their commitment to the purposes and principles of the Charter of the United Nations, the Treaty of Amity and Co-operation in Southeast Asia and other recognised principles of international law.

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PM says East Asia Summit, a 'historic meeting'

Kuala Lumpur
December 14, 2005

Even as the first ever East Asia summit began today in Kuala Lumpur all eyes were on India and China to see which country tries to wrest power. The landmark event saw the participation of 10 Asean nations, Japan, South Korea, India and Australia.

Prim Minister Manmohan Singh said "we are on the cusp of new opportunities which we must seize....it is truly a historic meeting". He further said that Asia had a major role to play in the world economy "and you have my word we will".

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<http://news.webindia123.com/news/showdetails.asp?id=190793&cat=World>


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East Asian nations to boost economic ties

Press Trust of India /
Kuala Lumpur December 15, 2005

India and 15 other countries today moved a step closer to work towards the Asian economic community encompassing a possible pan-Asia free-trade agreement as envisaged by Prime Minister Manmohan Singh. Indian Prime Minister Singh told the heads of government that Asia had now "woken up" and urged them to look for deeper economic integration as tools such as FTAs and economic agreements could become "building blocks" for larger common visions.

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Manmohan calls for creation of pan-Asian free trade area
The Hindu
Tuesday, Dec 13, 2005

Prime Minister Manmohan Singh on Monday called for creation of a pan-Asian free trade area (FTA). Like the European Union and the North American Free Trade Area, he said the pan-Asian FTA would be a dynamic, open and inclusive association of regional nations.

"This will not be easy, and it cannot be done in a day. There will be sceptics. But for believers, it is eminently possible. I am convinced that this is the only way to move forward," he said.

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ASEAN must boost ties with India
Financial Express
December 11, 2005

Southeast Asian countries should accelerate economic ties with powerhouses India and China and speed up market liberalisation to enable the region to benefit from the rapid growth of the two economic giants, Malaysian Prime Minister Abdullah Badawi said on Saturday.

“To keep pace with China and India, Asean would need to maintain the momentum of improving its business-friendly environment,” Mr Badawi told a business conference ahead of the 11th Asean summit here, adding “instead of being a mere follower of the tide of change, Asia itself will become an agent of change.”

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Asian powers seek elusive chemistry at new summit
Kuala Lumpur, December 6

Asia’s biggest powers meet next week for a summit that could sow the seeds of a pan-Asian trading bloc - or just as easily end in a puff of hot air. These are the outcomes diplomats are pondering as they prepare for the inaugural East Asia summit, where countries representing about half the world’s population and a fifth of global trade will meet in the Malaysian capital on Dec. 14.

The summit brings the world’s two most populous nations, China and India, together with Asia’s largest economy, Japan, Southeast Asia, South Korea, Australia and New Zealand for a get-together whose outcome still seems a mystery to all of them.

“At this stage we do not know how it is going to evolve,” Australian foreign minister Alexander Downer told parliament in Canberra.

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ASEAN leaders for integrating economies, societies

December 5, 2005

Singapore: Leaders of some ASEAN countries feel the need to integrate their economies and societies to face the challenges posed by the growth of India and China.

The Association of South-East Asian Nations (ASEAN) would need to reposition itself to play a role in a changing world, said Singapore Foreign Minister George Yeo. The rise of China and India had given this move to integrate their economies greater impetus, he said.

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India to help in E Asian economic integration
Financial Express
December 4, 2005

New Delhi, Dec 4 With a growth rate of 7-8% per annum, a sizeable middle class and strong macro-fundamentals, the Indian economy is poised to give impetus to the East Asian economic integration, say experts.

According to a study by leading think-tank, Research and Information System (RIS), for the non-aligned and other developing countries, large requirements of infrastructure investments, booming demand of final consumption goods in India may help smoothen the process of macro-economic adjustment in the world economy.

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