Home / Knowledge / News / Regional economic cooperation to deepen in Asia
Regional economic cooperation to deepen in Asia
11
Mar '08
Economic cooperation and integration will deepen and be a key pillar of Asia's development strategy as the region moves forward, the head of the Asian Development Bank (ADB), Haruhiko Kuroda, said on Monday.

In his opening remarks at a conference on “European and Asian Integration: Achievements and Challenges,” he said that while Asia lacked a grand plan for regionalism as Europe, the European Commission (EC) and ADB can work closely together to add value to economic integration and regional cooperation. Asia can learn important lessons from Europe, he continued, but it will follow its own distinct model.

The Commissioner for Economic and Monetary Affairs, Joaquín Almunia, remarked that the creation of the Economic and Monetary Union (EMU) had enabled European Member States to cope better with increasing economic competition from Asia. EMU had delivered stability over the past decade and has helped shield euro area members from external shocks, including the ongoing financial turmoil. The euro area dynamism was also demonstrated by the creation of nearly 16 million jobs over the last ten years.

This conference was the first of its type to be financed by the new instrument, the ASEM Dialogue Facility, launched in December 2007 by the Commission, to strengthen co-operation with Asian countries in the framework of the Asia-Europe Meeting (ASEM) process.

The conference was co-hosted by the EC and ADB and deliberated on results of a flagship ADBstudy on the emergence of Asian regionalism. A book based on the study will be launched at the ADB's 41st Annual Meeting in Madrid in early May, 2008.


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search