Asean ministers mull economic integration
China, India drive Asia's growth: Singapore PM
US asked for commitment
East Asian economic growth to slow down this year on rising oil prices - ADB
Big powers in East Asia Summit will have their own strategic interests: FM Yeo
‘China-India ties will bring golden century for Asia’
ADB launches publication on Asian economic cooperation and integration
ADB President Announces Over US$6.5 Billion in Assistance to India

 

 

 


 

 

 

 

 

 

 

 

Asean ministers mull economic integration
September 29, 2005

Southeast Asian economies need to accelerate their own intergration as well as improve links with bigger Asian economies amid slowing regional growth and surging oil prices, Asean ministers heard on Wednesday.

The annual economic ministers meeting of the Association of South East Asian Nations (Asean) also reviewed an agreement reached last year for the more advanced economies in the group to remove import tariffs for products in 11 priority sectors by 2007, three years ahead of schedule.

Click here to read further : http://www.financialexpress.com/fe_full_story.php?content_id=103958

 

 

 

 

 

China, India drive Asia's growth: Singapore PM
September 26, 2005

China and India, the two rapidly emerging economies, are twin engines for Asia's growth, Singapore Prime Minister Lee Hsien Loong reiterated here on Monday at the opening of the annual event of Global Entrepolis @ Singapore.

Click here to read further : http://news.xinhuanet.com/english/2005-09/26/content_3548353.htm

 

 

 

 

 

 

US asked for commitment
New Strait Times
September 17, 2005

MALAYSIA today delivered a frank message to the United States: It has to do more to show its political commitment to Asean. It also should begin to view and engage Asean as a single market.

For a start, it should consider being a party to the Treaty of Amity and Co-operation, the most important legal document for the 10-member grouping. Prime Minister Datuk Seri Abdullah Ahmad Badawi said: "Such a step would indeed serve as a symbol of political commitment to the region by the United States. The treaty is a key document in the life of Asean."

He noted that China, Russia, India, Japan, Korea, New Zealand and Pakistan had all inked the treaty which protects the integrity and sovereignty of all Asean nations and enshrines the all-important principle of settling disputes through peaceful means.

Abdullah extended the invitation to the US during a speech at the Asia Society titled Creating a better understanding of Asean-US relations.

Click here to read further : http://www.nst.com.my/Current_News/NST/Saturday/National/20050917074921/Article/indexb_html>

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East Asian economic growth to slow down this year on rising oil prices - ADB
September, 8, 2005

MANILA (AFX) - The Asian Development Bank (ADB) said economic growth in the East Asian region is expected to slow down this year as global crude oil prices soar to record high levels and the global environment becomes less favorable.

In a semi-annual report released today, the Manila-based bank said the region's GDP is likely to expand by 6.8 pct this year, slower than last year's 7.6 pct growth. Next year, growth is projected to slow further to 6.6 pct.

'Less favorable external economic environment and record oil prices are expected to lead to a moderate slowdown in East Asia's GDP growth this year,' the ADB said.

Click here to read further : http://www.forbes.com/markets/feeds/afx/2005/08/09/afx2175868.html

 

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Big powers in East Asia Summit will have their own strategic interests: FM Yeo
September 7, 2005

Kuala Lumpur — An inaugural East Asia summit in Malaysia will speed up Asian economic integration, but it will not be an exclusive grouping, Foreign Minister George Yeo said yesterday.

"The East Asia Summit will help us build a long-term architecture of peace and cooperation in Asia with Asean at the centre," he told business people and officials at the Global Leadership Forum.

The minister said an economically-integrated Asian community with more than half the world's population would be the "best guarantee" for the success of the World Trade Organisation's
multilateral trading system.

Click here to read further:http://www.todayonline.com/articles/70932print.asp

 

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‘China-India ties will bring golden century for Asia’
(AP)
6 September 2005

KUALA LUMPUR - Strong China-India ties could usher in a “golden century” for Asia - and Southeast Asia should help bridge the two giant nations to reap the benefits and safeguard its own economic future - Singapore’s foreign minister said on Tuesday.

George Yeo said the 10-country Association of Southeast Asian Nations will use a December summit in Kuala Lumpur to draw up a plan to speed up Asia’s integration and help ASEAN ride on China’s and India’s growth.
“If China and India are able to maintain good relations with each other - and the signs are good - this will be a golden century for Asia,” Yeo said in a speech in Kuala Lumpur at the Global Leadership Forum, a meeting of corporate leaders, government officials and academics.

Click here to read further :

http://www.khaleejtimes.com/Displayarticle.asp?section=subcontinent&xfile=data/subcontinent/2005/september/
subcontinent_september220.xml

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ADB launches publication on Asian economic cooperation and integration
UzReport.com
September, 2, 2005

The Asian Development Bank today launched Asian Economic Cooperation and Integration: Progress, Prospects and Challenges. This book represents the latest thinking on the subject from highly respected experts in the field.

Based on the papers presented during the High-Level Conference on Asia's Economic Cooperation and Integration organized by ADB last year, the book evaluates the current state of economic cooperation and integration in Asia; explores the potential benefits, complexities, and challenges of regional cooperation and integration; and discusses possible directions for enhancing economic integration within the region.

Click here to read further : http://www.uzreport.com/E/index.cfm?sec=3&subsec=1004&n_ID=17987

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ADB President Announces Over US$6.5 Billion in Assistance to India
September. 1 2005
Press Release - Asian Development Bank

NEW DELHI, INDIA - ADB President Haruhiko Kuroda in concluding his first state visit to India said that ADB was ready to raise its development assistance to over US$6.5 billion over the next three years. During his two-day visit, Mr. Kuroda met with President Abdul Kalam, Prime Minister Manmohan Singh, Finance Minister P. Chidambaram, Deputy Chairman, Planning Commission, Montek Singh Ahluwalia, and other ministers and assured them of ADB's commitment to supporting the Government in its development agenda. He commended the government's efforts of pursuing policies to accelerate economic growth and reduce poverty in the country. Not only has India's rapid growth been good for the people of India, said Mr. Kuroda, but it is also serving as an engine of growth in other parts of the region. Mr. Kuroda likewise emphasized the importance of regional cooperation in achieving economic growth and poverty reduction, noting the significant potential of areas such as cross-border infrastructure, energy needs, joint harnessing of natural resources and joint research in frontier technology for economic cooperation.

Click here to read further : http://www.harolddoan.com/modules.php?name=News&file=article&sid=55520

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