Singapore says East Asia pacts should involve India, Australia
India and China economic powerhouses by 2020
ADB to establish knowledge hub at TERI
Opening a New Silk Road
Indo-Japanese cooperation likely in energy sector
US drops opposition to Asian currency unit
CECA with Japan by December
Asia ministers say region can drive world economy
ASEAN backs East Asian economic integration plan
World Economic Forum on East Asia to start Thursday in Tokyo
High-profile CEOs to boost India-Japan trade
IMF set to give Asia vote more weight
Push for rising Asia currencies may not cut trade gap
























































































Singapore says East Asia pacts should involve India, Australia
The Jakarta Post, 26 June 2006

Singapore said East Asia would benefit most from inclusive trade accords involving India, Australia and even the U.S. to avoid creating smaller groupings that risk isolation from the rest of the world.

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http://www.thejakartapost.com/detaillbus.asp?fileid=20060626125441&irec=0

 

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India and China economic powerhouses by 2020
25 June 2006

According to the "Foresight 2020" study, conducted by Economist Intelligence Unit (EIU), by the year 2020, India will contribute 12.2% to global economic growth, while China will emerge as the world’s second largest consumer market according to a new study.

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http://www.itwire.com.au/content/view/4744/945/

 

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ADB to establish knowledge hub at TERI
Hindu, 24 June 2006

The ADB on Friday signed an agreement to establish a knowledge hub on clean energy at India's Energy and Resources Institute.

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http://www.hindu.com/thehindu/holnus/006200606240347.htm

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Opening a New Silk Road
China Daily, 21 June 2006

China and India decided to reopen the Nathu La pass early next month. The pass, which used to witness 80 per cent of trade between the two countries, was closed after the 1962 border clash. Border markets will also be set up on both sides.

As the two nations celebrate the "Year of Sino-Indian Friendship," the re-opening of the pass is more than a symbolic move, it reflects the rapprochement between the two countries.

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http://www.chinadaily.com.cn/opinion/2006-06/21/content_622103.htm

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Indo-Japanese cooperation likely in energy sector
Financial Express, 20 June 2006

Japan had shown keen interest in India’s energy sector during the recently concluded India-Japan talks in Tokyo, in which the Indian industry was represented by the apex industry chamber CII.

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http://www.financialexpress.com/fe_full_story.php?content_id=131110


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US drops opposition to Asian currency unit
Financial Times, 16 June 2006

The US on Thursday signalled it would not fight efforts to create an Asian currency unit, turning the page on over a decade of largely consistent opposition to Asian monetary integration. US officials said the move is intended to show that the US does not fear greater monetary co-operation between Asia’s rising economic powers and wants to play a constructive role in helping to shape it.

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http://news.ft.com/cms/s/3d2d5784-fc95-11da-9599-0000779e2340.html

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CECA with Japan by December
Hindu, 15 June 2006

The Comprehensive Economic Cooperation Agreement between India Japan which envisages doubling bilateral trade to $10 billion in three years by expanding the trade basket will be ready by this year, India's Commerce and Industry Minister, said.

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http://www.thehindu.com/2006/06/15/stories/2006061506011800.htm

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Asia ministers say region can drive world economy
June 15, 2006

TOKYO (Reuters) - Asia is confident it will be the engine of global economic growth for years to come, but some participants at a regional economic forum held in Tokyo said on Thursday that the past could get in the way.

While Asia's economy looks set to remain strong, driven largely by emerging economic superpower China as well as India, political will is needed to keep history from chilling growth, said Vietnamese Industry Minister Hoang Trung Hai.

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http://www.ndtvprofit.com/homepage/news.asp?id=254801

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ASEAN backs East Asian economic integration plan
Mainichi Daily News, 15 June 2006

Ong Keng Yong, visiting secretary-general of the Association of Southeast Asian Nations, on Wednesday indicated his intention to cooperate with an East Asian economic integration initiative proposed by Japan''s Minister of Economy, Trade and Industry Toshihiro Nikai.

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http://mdn.mainichi-msn.co.jp/international/news/20060615p2g00m0in006000c.html



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World Economic Forum on East Asia to start Thusday in Tokyo
Mainichi Daily News, 13 June 2006

The two-day World Economic Forum on East Asia will begin in Tokyo on 15th June, the first such conference to be held in Japan. Some 300 business, academic, government and political leaders from more than 27 countries are expected to participate in the conference .In line with the event's theme, "Creating a New Agenda for Asian Integration," participants will discuss the future shape of economic cooperation among Asian countries and the realization of the so-called East Asia Community.

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http://mdn.mainichi-msn.co.jp/business/news/20060613p2g00m0bu036000c.html

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High-profile CEOs to boost India-Japan trade
11 June 2006

Coinciding with Commerce and Industry Minister Kamal Nath's visit to Japan this week, a 15-member CEOs mission is being mounted by the Confederation of Indian Industry (CII) to boost bilateral trade. The trade mission led by CII president R. Seshasayee will strive to give a fresh thrust to the 'India Everywhere' campaign at the World Economic Forum's (WEF) East Asia Summit being held in Tokyo from June 14-16, the leading industry lobby said in a statement Sunday.

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http://indiaenews.com/2006-06/10982-high-profile-ceos-boost-india-japan.htm


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IMF set to give Asia vote more weight
Financial Times, 7 June 2006

Asian countries that are under-represented at the International Monetary Fund, including China and South Korea, should in future see an automatic increase in voting shares if their economies continue to strengthen, according to Anne Krueger, the IMF's first deputy managing director.

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http://news.ft.com/cms/s/75d50b92-f5c2-11da-bcae-0000779e2340.html

 

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Push for rising Asia currencies may not cut trade gap
Financial Express, 6 June 2006

World financial leaders meeting in Russia this week are counting on a rise in Asian currencies to significantly narrow the U.S. trade gap. It may not work.Exchange rate fluctuations have lost much of the power they once had to influence the prices consumers pay for imports or to compensate for disparities in manufacturing costs, say economists Stephen Roach and Ronald McKinnon.

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http://www.financialexpress.com/fe_full_story.php?content_id=129609

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