ADB to Help Boost Economic Links Between East and South Asia
India, UN’s Asia-Pacific region commission identify new areas of cooperation
ASEAN a rising power
Singapore to ride on emergence of "new Asia": Minister
Asian Development Bank calls for unified East Asia trade pact
Kalam asks Korean industry to tap opportunities in India
Indo-Korean bilateral trade must touch 20 billion dollar mark by 2010: Kalam
East Asian countries can achieve Europe's standard of living: SM Goh

 

 

 

 

 

 

 

 

 

 

 

 

ADB to Help Boost Economic Links Between East and South Asia
Asia Corporate News Network
February 17, 2006

Asian Development Bank's (ASX: ATB) Office of Regional Economic Integration (OREI) will study how to facilitate more effective economic cooperation and integration between developing countries in East and South Asia.


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India, UN’s Asia-Pacific region commission identify new areas of cooperation
February 12, 2006


India and the Economic and Social Commission for Asia and Pacific (ESCAP), the regional arm of United Nations Organisation for the Asia-Pacific region, have identified four new areas of cooperation.

In a meeting between the ESCAP Secretary General Dr. Kim Hak-Su and Minister of State for Commerce Jairam Ramesh on February 10, India agreed to sponsor a study to be undertaken by the Research and Information System (RIS) and the Indian Council for Research on International Economic Relations (ICRIER) to strengthen regional mechanisms and instruments for long-term infrastructure financing in the Asia-Pacific region, said a, official release.

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ASEAN a rising power

China View
February 11, 2006

The Association of Southeast Asian Nations(ASEAN) is getting increasingly assertive as a player in regional and world arenas.

In 2003, it set the goal of forging the "ASEAN Community" by 2020. This signifies that ASEAN is becoming a new power centre in Asia and is projecting its influence across the Asia-Pacific region. It is conceived that the "Southeast Asian Community" will consist of three pillars - the economic community, the security community and the social and cultural community.

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http://news.xinhuanet.com/english/2006-02/11/content_4165017.htm

 

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Singapore to ride on emergence of "new Asia": Minister
People’s Daily Online
February 10, 2006

Singapore will leverage on its " core strengths" and its traditional linkages with China, India and the Association of Southeast Asian Nations (ASEAN) to ride on the emergence of the "new Asia", Minister for Trade and Industry Lim Hng Kiang speaking at the lunch briefing organized by the American Chamber of Commerce in Singapore, Lim said that these core strengths include political stability, efficient systems and infrastructure, good protection of intellectual property, tripartite cooperation as well as reputation for quality.

"Notably, the rise of China and India are affecting global trade and investment flows fundamentally," Lim said, adding that bilateral trade between Singapore and China has seen an annual growth of some 30 percent since 1999.

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Asian Development Bank calls for unified East Asia trade pact
February 09, 2006

East Asia should set up a unified region-wide free trade pact to help boost trade and investment and further promote regional economic integration, the president of the Asian Development Bank said.

Establishing such a single region-wide free trade agreement (FTA) would help create a common market in Asia, a prerequisite for a common Asian currency in the future, ADB president Haruhiko Kuroda said.

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Kalam asks Korean industry to tap opportunities in India
February 7, 2006

President of India A P J Abdul Kalam asked the captains of Korean business and industry to avail of the opportunities in India and tap the vast array of complementarities that exist between the two countries to forge close and comprehensive economic relations.

Addressing the four major Korean Chambers of Commerce, Dr Kalam said India was a forward looking economy and coming closer to East Asian countries.

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Indo-Korean bilateral trade must touch 20 billion dollar mark by 2010: Kalam
February 7, 2006

Describing India as a forward-looking economy and wanting to come closer to East Asian countries, India's President A.P.J.Abdul Kalam said that he expected bilateral trade between India and South Korea to triple and touch the 20 billion dollar mark by 2010, given the present level of interaction between the business chambers of the two countries.

“Our bilateral trade has more than tripled over the last ten years. I would like to see that it grows to 20 billion dollars on or before 2010. The conclusions of the Joint Study Group and the launching of the Joint Task Force mandated to develop a Comprehensive Economic Partnership Agreement (CEPA) between our two countries is a major step forward,” he said.

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East Asian countries can achieve Europe's standard of living: SM Goh
MediaCorp News February 6, 2006

In the next 25 years or so, countries in East Asia can achieve Europe's present standard of living.
Singapore's Senior Minister Goh Chok Tong also believes many countries in East Asia have a good chance of joining countries in the First World by 2030 or 2050 at the latest.

Mr Goh gave his vision of an East Asian renaissance during his keynote address at the 4th Asia-Pacific Round Table. There is a re-awakening, resurgence and renewed vibrancy in East Asia but Mr Goh said the region is also diverse geopolitically.

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