ministers mull economic integration
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.
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
here to read further : http://www.financialexpress.com/fe_full_story.php?content_id=103958
India drive Asia's growth: Singapore PM
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
here to read further : http://news.xinhuanet.com/english/2005-09/26/content_3548353.htm
asked for commitment
September 17, 2005
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.
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."
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.
extended the invitation to the US during a speech at the Asia Society
titled Creating a better understanding of Asean-US relations.
here to read further : http://www.nst.com.my/Current_News/NST/Saturday/National/20050917074921/Article/indexb_html>
East Asian economic growth to slow
down this year on rising oil prices - ADB
(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.
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.
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.
here to read further : http://www.forbes.com/markets/feeds/afx/2005/08/09/afx2175868.html
powers in East Asia Summit will have their own strategic interests:
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.
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.
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.
here to read further:http://www.todayonline.com/articles/70932print.asp
ties will bring golden century for Asia’
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
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ADB launches publication on Asian
economic cooperation and integration
September, 2, 2005
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.
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
here to read further : http://www.uzreport.com/E/index.cfm?sec=3&subsec=1004&n_ID=17987
President Announces Over US$6.5 Billion in Assistance to India
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.
here to read further : http://www.harolddoan.com/modules.php?name=News&file=article&sid=55520