Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Asian, European leaders to meet tomorrow at Laos Summit  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 06/11/2012

No. of Ratings : 0
Add to Mixx!


(MENAFN - Kuwait News Agency (KUNA)) Asian and European heads of states will meet in Vientiane, capital of Loas, on Tuesday to hold talks at the ninth Asia-Europe Meeting Summit (ASEM) and the 13th Business Forum of the Association of Southeast Asian Nations (ASEAN) and Europe, in the aim of strengthening economic ties between the two regions amid global volatile economy.

According to a statement issued by the executive committee of the forum and the summit on Monday, both events aim to find ongoing solutions to problems that hinder strengthening economic relations between Asia and Europe, stressing that the two continents need to urgently strengthen trade, investment partnerships, and mutual technical understanding.

The statement added that the forum will discuss three main topics during its two-day sessions, begining on Tuesday. The first is aimed at strengthening economic, political and social environment between Europe and Asia. This is hoped to instill confidence among businessmen and start multilateral trade, through building a trading system with resistance to protectionism tendencies.
The second topic focuses on urging governments to support the competitiveness of companies, particularly in small and medium-sized enterprises, by disolving obstacles, and facilitating certain legal proceedings and reviewing them with the decision-makers, the statement added.

In addition, the third axis confirms the importance of sustainable economic development between Asia and Europe, especially in business and trade that seek to protect the environment and ensure food security, energy and the side-by-side government plans and strategies.

The summit, under the theme of 'Friends for Peace, Partners for Prosperity, ' will be attended by nine heads of states, 22 prime ministers, MPs, ministers, heads of the European Commission and the General Secretariat of the ASEAN, in addition to 300 officials representing the business and trade sector in both continents.

The ninth ASEM, which brings together 52 counties in the two continents, was first launched in Bangkok in 1996 to promote economic, political and cultural ties between Europe and Asia.

The summit is held every two years alternately between European and Asian capitals.


  MENA News Headlines




Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Investment Game
Economic Calendar
Financial Glossary

Portfolio Tracker


Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help