The Asia-Europe Meeting (ASEM) is an informal process of dialogue and co-operation addressing political, economic and cultural issues, with the objective of strengthening the relationship between two regions, in a spirit of mutual respect and equal partnership. The ASEM dialogue brings together the 27 European Union Member States and the European Commission with 16 Asian countries and the ASEAN Secretariat.
Within the process, ASEM has Summit meetings which is held every second year in Asia and Europe alternatively. This is the highest level of decision making in the process. ASEM (the Asia-Europe Meeting) Summit gathers the head of states and governments of the European countries & the European Commission, with their counterparts from Asian countries.
Political Pillar
Economic Pillar
Issues discussed at the Summits include trade facilitation and trade security, trade and development, regionalism and multilateralism, information and communication technology focusing on aspect of competition and liberalization, and investment issues. Informality: It provides an open forum for policy makers and officials to discuss any political, economy and social issues of common interest. In this way, it complements rather than duplicates the work already being carried out in bilateral and multilateral fora;
Multi-dimensionality: It covers the full spectrum of relations between the two regions and devotes equal weight to political, economic and cultural dimensions;
Emphasis on equal partnership: It eschews any "aid-based" relationship taken forward under our bilateral relations in favour of a more general process of dialogue and co-operation based on mutual respect and mutual benefit;
Dual focus on high-level and people-to-people: It provides a platform for meeting of heades of states or governments, ministers and senior officials, and with an increasing focus on fostering contacts between societies in all sectors in the two regions.
ASEM Foreign Ministers' Meetings are organised in the intervening years of the Summits. In addition to pursuing the ASEM dialogue under the first and third pillars (political dialogue, co-operation in other areas), the Foreign Ministers Meeting is also responsible for the overall coordination of the ASEM process. Reporting to Foreign Ministers, a Senior Officials' Meeting (SOM) is held normally twice a year.
In addition to that, ASEM Finance Ministers' Meetings (FinMM) are also held to discuss financial matters and launch initiatives for both regions. Reporting to Finance Ministers, a Finance Deputies' Meeting has been held at irregular intervals. For co-ordination purposes, ASEM finance officials also meet regularly at a "Core Finance Group Meeting", held in Washington on the margins of the spring and autumn WB / IMF meetings.
In its effort to create a strong partnership in the growing economic links of the two regions, ASEM Economic Ministers' Meetings (EMM) are organised in traditionally every two years. A Senior Officials' Meeting on Trade and Investment (SOMTI) is held normally twice a year and is responsible to report to the Economic Ministers Meeting. Also in the economic field, an annual Asia-Europe Business Forum (AEBF) has brought together private-sector representatives from the two regions. ASEM economic coordinators (currently Japan and Vietnam, plus EU Presidency and European Commission) also meet as and when required.
Other than the regular ministerial meetings, ASEM also holds ministerial conferences in other fields including Ministerial Conference on Science and Technology, Environment Ministers' Meeting (ENVMM), Ministerial Conference on Co-operation for the Management of Migratory Flows between Europe and Asia.
ASEM covers potentially all issues of common interest to Europe and Asia. ASEM has provided a dialogue platform to address international matters such as United Nations reforms, weapons of mass destruction issues, terrorism, migration flows or WTO negotiations.
ASEM has no Secretariat. Foreign Ministers and their senior officials (SOM) also have an overall coordinating role within the ASEM process, and are assisted in this by an informal group of Coordinators (two from the Asian side and two from the European side).
The only existing ASEM institution is the Asia-Europe Foundation (ASEF), an international not-for-profit foundation, charged with promoting cultural, intellectual and people-to-people contacts between the two regions. |
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