ASEAN wants to establish disaster insurance fund —Association of Southeast Asian Nations
On April 8, 2011: Finance ministers of ASEAN countries agreed to set up the regional disaster insurance fund to deal with natural disasters such as earthquakes and tsunamis .
Brunei , Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore , Thailand and Vietnam , including the finance ministers of ASEAN member countries met in Bali, Indonesia on April 8 , issued a joint statement to announce the plan after the meeting.
ASEAN and the EU to discuss cooperation
Xinhua Phnom Penh May 28 (Xinhua PENH ) the 17th ASEAN – EU Ministerial Meeting on the 28th morning at the opening of the Cambodian capital Phnom Penh. The current theme of the conference is “ASEAN – EU to promote peace, economic growth and development partnership.” Cambodian Prime Minister Hun Sen attended the opening ceremony and deliver a keynote speech. He said that the meeting of ASEAN and the EU in the region as well as two international financial crisis the world is facing major challenges, such as held against the backdrop. Began 30 years ago the Association of Southeast Asian Nations – the EU are getting closer and closer, and the various fields involved. Hun Sen pointed out that in the political field, the ASEAN and the EU in close cooperation under a variety of mechanisms, such as the ASEAN – EU Ministerial Meeting, ASEAN Regional Forum. This shows that the two sides are committed to further strengthen cooperation and partnership. He said that there is no doubt that the European Union, the European Commission to join the Southeast Asian Treaty of Amity and Cooperation in Southeast Asia and other will promote regional peace, security and stability. Therefore, “We need to continue to accelerate the EU accession,” Treaty of Amity and Cooperation in Southeast Asia, “the process.”
Thai Foreign Minister: ASEAN summit may be postponed to be held in March next year
With the anti-government protesters continuing to occupy the two airports in Bangkok, Thailand Foreign Minister Song Peng on November 30 said that Thailand may postpone the ASEAN summit to March next year. However, this summit is originally held from December 15 to December 18. But whether Thai still holds the summit, the Foreign Minister said Thai Cabinet would meet tomorrow to decide whether to convene the summit as scheduled.
Indonesia proposed to taking over the ASEAN summit host because of unstable situation in Thailand
Indonesian President Susilo Bambang Yudhoyono said on the 1st, due to unstable situation in Thailand, Indonesia would be willing to host the ASEAN Summit. But Thailand expressed they would hold a meeting to make a final decision on ASEAN summit arrangements.
What is the Association of Southeast Asian Nations (ASEAN)?
It holds annual meetings in relation to economic and cultural development of Southeast Asian countries. These meetings are known as ASEAN Summit. The grouping regularly conducts dialogue meetings with other countries in an organization collectively known as the ASEAN dialogue partners. Dealing with strategic and security issues, this group of 10 countries is able to act without the pressures of the cold war powers, as it has refused entry to the U.S. It has become a bulwark against perceived American hegemony in the region. ASEAN + 3 adds China, Japan and South Korea after the agreement of ASEAN+3 Heads of Government Summit on Nov. 2001 in Brunei. U.S. influence continues to be resisted.
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