Comprehensive Economic Partnership in East-Asia
The ERIA is tasked with reviewing the proposed Comprehensive Economic Partnership for East Asia or CEPEA, the Japanese proposed trade bloc involving the 16 nations of the East Asia Summit. It was decided at the Third East Asia Summit that the ERIA report on the Comprehensive Economic Partnership in East-Asia would be received at the Fourth East Asia Summit. The Fourth EAS was delayed for almost a year by reason of difficulties in the host nation Thailand.
With the subsequent change of government in Japan, and the discussion by the new administration of the East Asia Community the future of CEPEA is not yet clear.
Subsequently the Fourth East Asia Summit supported further development on trading groupings based around the 13 country ASEAN Plus Three and the 16 country East Asia Summit.
At the subsequent APEC conference Australia announced a million Australian dollars in funding to ERIA to support research into the 16 country bloc.
Read more about this topic: Economic Research Institute For ASEAN And East Asia
Famous quotes containing the words economic and/or partnership:
“We have heard all of our lives how, after the Civil War was over, the South went back to straighten itself out and make a living again. It was for many years a voiceless part of the government. The balance of power moved away from it—to the north and the east. The problems of the north and the east became the big problem of the country and nobody paid much attention to the economic unbalance the South had left as its only choice.”
—Lyndon Baines Johnson (1908–1973)
“Nevertheless, no school can work well for children if parents and teachers do not act in partnership on behalf of the children’s best interests. Parents have every right to understand what is happening to their children at school, and teachers have the responsibility to share that information without prejudicial judgment.... Such communication, which can only be in a child’s interest, is not possible without mutual trust between parent and teacher.”
—Dorothy H. Cohen (20th century)