Financial and economic crisis in the global repercussions of strengthening economic and financial governance is a top priority in the context of deepening interdependence between Asia and Europe, the convening of this meeting will help to seize the favorable conditions for the two continents, and seek common future.

Opportunities facing

First, the Asia-Europe cooperation, more targeted. Currently, the Asian and European countries are facing economic recovery, the task of achieving sustainable growth, the two sides to strengthen regional cooperation is particularly important. Efforts to overcome the financial crisis, strengthening economic and financial governance, strengthen the momentum of economic recovery and results of the current Asia-Europe cooperation as the core of clear objectives.

In addition, the Asian countries successfully deal with the crisis, China, India and some Southeast Asian countries, sustained and rapid economic growth, these have become a global economic recovery in Europe and to promote the positive factors as well as the dynamic Asia-Europe cooperation. China’s bulk purchase of Spain, Greece and other countries of the bonds to the stability of the euro, boosting the confidence of the local market had a positive impact. This makes the EU more weight on the cooperation with Asian countries. In addition to the EU signed a free trade agreement with South Korea, but also planning and more Asian countries, Japan, negotiation and conclusion of such agreements, the negotiations with India is expected to be completed this year, with Singapore, Malaysia and Vietnam, negotiations are under way.

Secondly, the basis for expanding cooperation between Asia and Europe. Asian and European countries advocate a multipolar world, which is an important basis for political cooperation between Asia and Europe. In response to such as climate change, energy security, counter-terrorism, combating piracy, disaster relief, immigration, drug trafficking, organized crime issues, Europe is inseparable from Asia, Europe, Asia can not be separated. Recently, the EU and its Member States leaders have repeatedly stressed the need to clearly define the strategic interests, and more from a strategic perspective to look at China, India and other strategic partners, which will undoubtedly also contribute to the Asia-Europe cooperation.

Moreover, the Asia-Europe cooperation and constantly enrich the content. With the comprehensive development of relations between Asia and Europe, Asia-Europe dialogue and interaction of civilization are growing and deepening, including the holding of cultural forums, film festivals, concerts, book fairs and academic exchanges, which for the Asia-Europe cooperation has laid a solid cultural foundation. As the former EU trade commissioner, Pascal Lamy, the current WTO Director-General said: “As long as Asia and Europe to respect their differences, then this will be the creation of a source of diversity and strength of the spring.”

Each have requirements

Analysts believe that the cooperation between Asia and Europe showing a strong vitality, mainly because both sides are required.

ASEM has become the EU’s implementation of its new Asia strategy, increasing economic and political presence in Asia, expanding influence in the region, an important way. July 1994, the EU created a “new strategy towards Asia,” and advocated a more extensive and dialogue in Asia, the establishment of a stable and equal partnership.

Over the years, the EU ASEM member countries to actively promote economic cooperation between. Meanwhile, the European Union pay attention to political dialogue as the Asian countries trying to influence the development.

Europe and Asia, Asia-Europe Meeting, as the only mechanism for regional dialogue and cooperation, Asian countries are also increasingly subject to attention. Asian countries need the European market, investment and technology, and even aid. The 10 ASEAN countries with the strategic goal is to expand the ASEAN ASEM voice in international affairs.

European public opinion that is more about this Asia-Europe summit, the EU’s future. Some EU countries have not fully sovereign debt crisis put an end to the economic and social issues are intertwined, the relative decline in international standing, partial loss of the right to speak.

European and Asian countries, if you do not, especially China, India and other emerging countries to strengthen cooperation not only difficult to achieve economic recovery and sustainable growth, it is difficult to achieve as an important pole in the world “political ambitions.” Because of this, the EU only then more attention on China and India, followed by Japan, South Korea and ASEAN.

Still need to improve

Although within the framework of ASEM, with summit meetings, senior meetings, and through the Asia-Europe Foundation, the Asia-Europe business summit, Asia-Europe People’s Forum and other platforms, Asia and Europe to strengthen political, economic, cultural and other aspects of the exchange, Asia and Europe the basis of cooperation more and more widely, but with Europe and the United States, Asia and the close relationship between the United States compared to the link between Asia and Europe still seem weak, Asia-Europe cooperation mechanism has yet to be improved, whether the members of the establishment of the Secretariat there are different views.

In addition, there is an imbalance between Asia and Europe. For example, members of both Asia and Europe in the number of ASEM there gaps exist in the member access mechanism asymmetric broadening of membership procedures, standards and principles are still to be improved. In addition, Asia and Europe on “good governance”, “rule of law”, “human rights” issues such as understanding and awareness there are also differences between China and Europe a number of sensitive issues remain unresolved. All of these were to some extent affected the cooperation between Asia and Europe.

Good prospects

The current Asia-Europe Summit will be formally accepted by Russia, Australia and New Zealand as a new member of ASEM, will have 48 ASEM member countries in the global population, GDP and trade will further increase the proportion of .

Previously, the originator of the Asia-Europe Meeting in 1996, 2004 and 2006 after two rounds of expansion, the population of 45 Member States accounted for 57% of world GDP accounted for 51% of the world, foreign trade volume is more than 60% of the world.

Analysts believe that the Asia-Europe Meeting showed a high degree of tolerance, among the members not to compete with the wealth of ideology is not designated boundaries, not to sub-state economy or the merits of market economy, this was all in the world today and injustice. If you make the best use of ASEM to strengthen global governance is expected to become an important place.

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