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Asian security forum to adopt rules for quick-reaction group
AFP
Monday, July 30, 2007 (1815 reads)


Friday, July 27, 2007 (The Associated Press) -- Foreign ministers at Asia's top security forum are expected to formally adopt rules next week for creating a group that will respond quickly to emergencies, officials said Friday, in a move seen as enhancing the forum's role beyond an annual talk-shop. Senior officials of the ASEAN Regional Forum, a 27-member group that includes the U.S., China, Russia and the European Union, have agreed on the operating rules for the "Friends of the ARF Chair" — a group of three foreign ministers who will assist the ARF chairman in dealing with regional and international problems, Philippine Foreign Undersecretary Erlinda Basilio said. "After two years it will be adopted, it has been endorsed by the ministers," she added. ARF, founded in 1994 by the 10-country Association of Southeast Asian Nations, has been hobbled by the diversity of its members and its consensus-based decision making. Since its birth, it has focused on building trust among its members through dialogue and confidence-building measures.

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One man's vision of Asian Unity
AFP
Monday, July 30, 2007 (1014 reads)


Monday, May 7, 2007 (By William Pesek, Bloomberg News)--At last month's Boao Forum for Asia, the gathering's secretary general, Long Yongtu, offered a sobering guesstimate: Asia needs at least 50 years to integrate its economies the way Europe has.
An equally sobering thought is that many of those funneling into Kyoto for the Asian development Bank's annual meeting may not live to see the Manila-based institution's dream of a truly amalgamated "Countries in Asia are a long way from the economic convergence that you would need to make monetary integration a realistic possibility," David Burton, director of the International Monetary Fund's Asia-Pacific department, said in Washington last month.
In other words, Asia has a lot of work to do to get to a point where replicating Europe's single currency and its level of economic integration is even a possibility.

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