ASEM Finals

Question 0

Background 2

Answer 0

It was established in 1996 at the first summit in Bangkok.

Interregional forum which consists of 27 members of the EU, 19 Asian states and 2 IOs namely European Commission and the Asean Secretariat

Question 1

Background

Answer 1

July 1994, European commission stressed the importance of modernizing Europe’s relationship with Asia and of reflecting properly its political, economic and cultural significance

Question 2

What is ASEM?

Answer 2

It is an informal forum of dialogue and cooperation

It addresses political, economic and cultural issues with the objective of strengthening the relationship between the two regions, in a spirit of mutual respect and equal partnership

Question 3

Asem process

Answer 3

ASEM has summit meetings which is held every second year in Asia and Europe Alternatively

Summit meetings is the highest level of decision making in the process

Asem process is further carries forward through a series of ministerial and working level meetings

Question 4

Members

Answer 4

48

EU = 27
Asian = 19
IO = 2

Question 5

Characteristics

Answer 5

Informal
Multidimensional
Emphasis on equal partnership
Dual focus on high level and people to people contacts

Question 6

Main pillars

Answer 6

Political
Economic
Social, cultural and educational

Question 7

Political

Answer 7

Political dialogue is a my element of the asean process.

It has become a privileged framework where asian and european countries can discuss global issues on the international agenda such as terrorism, WMD, migrations, environment, human rights, globalization.

Question 8

Economic

Answer 8

Reinforce the economic partnership between Europe and Asia.

WTO-related issues are always high on the agenda, with discussions focusing on globalization and sustainable development.

Foster cooperation on the issues of reduction of barriers to trade and investment.

Question 9

Social, cultural and educational

Answer 9

Called for the strengthening of cultural links between Asia and Europe for the promotion of greater awareness and understanding between two regions.

Question 10

Informality

Answer 10

It provides a open forum for policy makers and officials to discuss any political, economic and socio-cultural issues of common interest

Question 11

Multi-dimensionality

Answer 11

It covers the full spectrum of relations between the two regions and devotes equal weight to political, economic and socio cultural dimensions

Question 12

Dual focus on high level and people to people

Answer 12

It provides platform for meeting of heads of states or government, ministers and senior officials and went an increasing focus on fostering contacts between societies in all sectors in two regions

Question 13

Emphasis on equal partnership

Answer 13

It avoids any aid-based relationships taken forward under our bilateral relations in favor of a more general process of dialogue and cooperation based on mutual respect and mutual benefit

Question 14

ASEM’s function in the trade pillar

Answer 14

Asem process should complement and reinforce efforts to strengthen the open and rules based trading system embodied in WTO

Facilitation and liberalization measures will be taken to promote greater trade and investment

Asia-Business forum will be established to encourage business and private sectors in order to strengthen cooperation and increase trade and investment

Question 15

Phl and ASEM new programmes

Answer 15

Business information and improving the Philippine’s industry awareness of european trade and investment

Technical assistance to help philippine business

Question 16

Impact of Asem to PHL

Answer 16

Economic relationship between Europe and ph has been conducted at the Bilateral level through other multilateral channels.