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Second East Asia Summit

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In November 2006 India and China announced plans to double bilateral trade by 2010. The growing relationship between the world's two most populous nations was seen as a potential source of stability and co-operation for the region. The two countries joint declaration of November 21, 2006, agreed at
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The position of China was expected by some commentators although not all agreed. China appears to prefer the narrower grouping of ASEAN plus Three for a future Free Trade Agreement. New Zealand has expressed confidence that China will support the proposal, especially if the research shows a benefit
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The members of EAS agreed to study the Japanese proposed Comprehensive Economic Partnership for East Asia (CEPEA). As noted above the second EAS welcomed the Economic Research Institute for ASEAN and East Asia (ERIA). The ERIA as an institute that is envisaged as a network of think-tanks to drive
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which may be in response to the suggestion of an FTA between the members of the EAS. Japan has suggested that the EAFTA could be used as a building block for the larger APEC FTA. The US is aggressively coming out against such a move concerned about a line down the middle of the Pacific while Asian
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Nevertheless, China, South Korea and ASEAN were also said to have indirectly expressed scepticism about the idea. The difficulties with the ASEAN - India FTA does not augur well for a larger FTA. Japan also had to defend itself from the allegation that the proposal was advanced as a mechanism to
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Responses were mixed. Following the discussions of EAS Foreign Minister in Kuala Lumpur on July 26, 2006, to establish the agenda for the second EAS, it appeared that the proposal as it then stood did not have sufficient support to be included as an agenda item for the second EAS. Although the
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12. We welcomed ASEAN's efforts towards further integration and community building, and reaffirmed our resolve to work closely together in narrowing development gaps in our region. We reiterated our support for ASEAN's role as the driving force for economic integration in this region. To deepen
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integration, we agreed to launch a Track Two study on a Comprehensive Economic Partnership in East Asia (CEPEA) among EAS participants. We tasked the ASEAN Secretariat to prepare a time frame for the study and to invite all our countries to nominate their respective participants in it.
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The meeting of EAS foreign ministers in Kuala Lumpur on July 26, 2006, identified energy, finance, education, avian flu and national disaster mitigation as the priority issues for the 2006 EAS. The Philippines, the host of the 2006 (now 2007) EAS, also said the failure of the
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In April 2006 Japan announced a proposal for an East Asian Economic Partnership Agreement (also known as the Comprehensive Economic Partnership for East Asia (CEPEA) or the Nikai Initiative in reference to
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has subsequently stated that it opposes any trade group in the region not involving itself. The preference of the United States appears to be a trading group based on
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in reference to the then Japanese Economic Minister) consisting of the current members of the EAS. Japan, the promoter of the concept, described it as an "East Asia
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the summit was postponed until January 2007. It has been rescheduled for January 15, 2007, approximately a month after the original scheduled date.
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Philippines, which was the host for the second EAS, said trade would be on the agenda but in terms of the then present difficulties with the
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a fund of US$ 80 million to $ 100 million to initiate a comprehensive economic partnership (CEP) with East Asia, modelled on the OECD; and
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It is proposed that an agreement to standardise rules for bio-fuels and agreements on stockpiling fuels will form part of the 2006 EAS.
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Nevertheless, even after the meeting of the EAS Foreign Ministers Japan appeared keen to continue to discuss the idea in terms of a
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According to some press reports the debate as to whether there will be a trade grouping based on ASEAN Plus 3 or the EAS.
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Business analyst impressed by Japanese proposal to form a massive Asian economic free trade zone including NZ by 2010
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ABS-CBNNews.com | ABS-CBN News | Latest Philippine Headlines, Breaking News, Video, Analysis, Features
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These changes suggested the potential for different dynamics in the second EAS to the tensions in the
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By August 2006 this had been refined to a Japanese proposal championed by Japanese Trade Minister
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Tokyo proposes Asian economic bloc – Business – International Herald Tribune – The New York Times
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The reality appears however that movement towards such a relationship is a long way-off.
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Japan nevertheless said it was delighted with the positive response to the proposal.
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As to trade and regional integration the following was noted in the Chair's report:
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It was subsequently announced that the ERIA would be established in November 2007.
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EAS Free Trade Agreement/Comprehensive Economic Partnership for East Asia (CEPEA)
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economies are concerned about the US's ability to deliver a broad based FTA.
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Symposium on "Economic Research Institute for ASEAN and East Asia (ERIA)",
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India, Australia, N.Z. Will Join Trade Bloc, Ong Says (Update3) - Bloomberg
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People's Daily Online - Indonesia calls for countries to bear Asian values
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New trade dawn in land of rising sun - Business - Business - theage.com.au
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http://www.theaustralian.news.com.au/story/0,20867,20061502-31037,00.html
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http://edition.cnn.com/2006/WORLD/asiapcf/11/21/india.hu.reut/index.html
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http://www.theaustralian.news.com.au/story/0,20867,20040776-601,00.html
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Trade and the Comprehensive Economic Partnership for East Asia (CEPEA)
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The Second East Asia Summit was to be held on December 13, 2006, in
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Keynote Lecture by Haruhiko Kuroda President Asian Development Bank
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an East Asian Free Trade Agreement (EAFTA) between the EAS members.
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paragraph 43 to "cooperate closely" in the context of the EAS.
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Manmohan Singh sells his vision of pan-Asian FTA - Money - DNA
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http://www.philstar.com/philstar/NEWS_FLASH11272006661_7.htm
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http://www.philstar.com/philstar/NEWS_FLASH08032006775_9.htm
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forum held annually by the leaders of 16 countries in the
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Goff:The Current State of Trade Negotiations | Scoop News
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Business News, Personal Finance and Money News - ABC News
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Growth in India and China ties and the Japanese thaw
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Economic Research Institute for ASEAN and East Asia
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Economic Research Institute for ASEAN and East Asia
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EAS meetings are held after annual 2098: 2091: 2077: 665:has proposed an FTA within the members of 2338:Diplomatic conferences in the Philippines 1855:Press Information Bureau English Releases 607:an institution to be named the East Asia 732:Statement of the Second East Asia Summit 124: 2348:January 2007 events in the Philippines 2310: 1733:: CS1 maint: archived copy as title ( 1689:: CS1 maint: archived copy as title ( 1616:: CS1 maint: archived copy as title ( 1572:: CS1 maint: archived copy as title ( 1528:: CS1 maint: archived copy as title ( 1481:: CS1 maint: archived copy as title ( 1393:: CS1 maint: archived copy as title ( 1327:: CS1 maint: archived copy as title ( 1204:: CS1 maint: archived copy as title ( 1138:: CS1 maint: archived copy as title ( 1043:: CS1 maint: archived copy as title ( 918:US should tell Israel to stop bombings 788:has compared the relationship between 2072: 762:We welcomed Japan's proposal for an 1979:Australian Broadcasting Corporation 839:Static pages for archive | Sun.Star 730:The outcomes are summarised in the 13: 1837:India-China pact a boon for region 711: 14: 2369: 828:Bangkok Post : Breaking News 630:between the members of the EAS. 547: 539: 520: 512: 493: 485: 462: 454: 435: 427: 408: 400: 381: 373: 354: 346: 327: 319: 300: 292: 273: 265: 246: 238: 219: 211: 188: 180: 161: 153: 148:The 16 countries involved were: 2323:2007 in international relations 2055: 2035: 2024: 1998: 1966: 1922: 1896: 1885: 1859: 1848: 1830: 1819: 1793: 1767: 1741: 1697: 1653: 1635: 1624: 1580: 1536: 1445: 1419: 1401: 1357: 1346: 1335: 1291: 1280: 1248: 1237: 1226: 1212: 1168: 1157: 1146: 1088: 1077: 1051: 962: 951: 911: 850: 832: 821: 1: 815: 448:Prime Minister of New Zealand 475:President of the Philippines 7: 2358:2000s political conferences 1647:September 29, 2007, at the 1413:September 26, 2007, at the 1274:September 29, 2007, at the 844:September 27, 2007, at the 792:and India with that of the 742:The EAS members signed the 658:to East Asia from an EAFTA 506:Prime Minister of Singapore 174:Prime Minister of Australia 10: 2374: 1934:www.12thaseansummit.org.ph 1842:November 11, 2007, at the 715: 560:Prime Minister of Thailand 394:Prime Minister of Malaysia 232:Prime Minister of Cambodia 2205: 2107: 2048:January 19, 2008, at the 737: 726:Outcome of the second EAS 567:Issues for the second EAS 421:Prime Minister of Myanmar 105:on January 15, 2007. 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Index

Philippines
Mandaue
Metro Cebu
EAS members
First East Asia Summit
Third East Asia Summit
Mandaue
Metro Cebu
Philippines
East Asia Summit
Asia
East Asian
ASEAN
Mandaue
Metro Cebu
First East Asia Summit
Typhoon Utor
John Howard Prime Minister of Australia
Australia
John Howard
Prime Minister of Australia
Hassanal Bolkiah Sultan & Prime Minister of Brunei
Brunei
Hassanal Bolkiah
Sultan
Prime Minister of Brunei
Hun Sen Prime Minister of Cambodia
Cambodia
Hun Sen
Prime Minister of Cambodia

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