MENAFN - Kuwait News Agency (KUNA)
Asian, European leaders to meet tomorrow at Laos Summit
(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
|Mar 9 2014||Libya separatists load NKorea oil ship and ignore warning ,AFP|
(MENAFN - AFP) Libyan separatists loaded oil onto a North Korean tanker for a second consecutive day on Sunday, ignoring the central government's threats of military action, an industry official ...|
|Mar 9 2014||UAE's Al Hamra launches USD272 m project ,MENAFN|
|(MENAFN) UAE's Al Hamra Real Estate Development has announced the opening of the USD 272 million Falcon Island project in Ras Al Khaimah, according to Khaleej Times.
The new project aims to ...|
|Mar 9 2014||Oman aims to increase non-oil exports by 15 percent ,MENAFN|
|(MENAFN) Oman is aiming to increase the value of its non-oil exports by 15 percent this year, Times of Oman reported.
The Director of Export Development at Ithraa said that Oman's exports of ...|
|Mar 9 2014||Oman's government revenue drops 7.9 percent ,MENAFN|
|(MENAFN) Oman's National Centre for Statistics and Information (NCSI) said that the country's government revenues dropped 7.9 percent in January, Times of Oman reported.
The NCSI said that ...|
|Mar 9 2014||Oman's foreign trade up 9.1 percent ,MENAFN|
|(MENAFN) Statistics released by the Omani National Centre for Statistics and Information (NCSI) show an increase in the Sultanate's foreign trade, Times of Oman reported.
The data show that the ...|
|Mar 9 2014||Dubai-based Deyaar plans USD245m residential, hotel project ,MENAFN|
|(MENAFN) UAE-based Deyaar Development announced its plan to build a residential and hotel project in Dubai, Arabian Business reported.
The project, at a total cost of USD245 million, will consist ...|
|Mar 9 2014||UAE's Jumbo plans expansion ,MENAFN|
|(MENAFN) UAE-based retail electronics giant Jumbo Group announced that it plans to expand its engineering and B2B businesses as well as its retail footprint in the GCC, India and Iran, Arabian ...|
|Mar 9 2014||New fashion company plans IPO in Dubai ,MENAFN|
|(MENAFN) A retailing company still being formed is planning for its first initial public offering (IPO) on Dubai's main stock market in five years, Arabian Business reported.
The company will ...|
|Mar 9 2014||UAE's du signs agreement with international telecom companies ,MENAFN|
|(MENAFN) du, the Middle East"s fastest growing telecom service provider, has joined an international consortium that includes several telecom companies to build South East Asia - Middle East -Western ...|
|Mar 9 2014||UAE's RTA wins USD27 m contract ,MENAFN|
|(MENAFN) UAE's Board of Directors of the Roads & Transport Authority (RTA) has won a contract to construct and collector internal roads at Al Barsha South 1 and Al Barsha South 2, according to the ...|
|Mar 9 2014||Dubai's Emirates to sign off USD76 b deal with Boeing ,MENAFN|
|(MENAFN) Dubai"s Emirates said it will cancel its USD76 billion purchase of Boeing 777X wide-body planes for reasons, such as performance guarantees, according to Arabian Business.
The order ...|
|Mar 9 2014||La Liga Preview: Real Madrid v Levante ,Kora|
|(MENAFN - Kora) Carlo Ancelotti's side rescued a 3-2 win at Estadi Ciutat de Valencia in October with stoppage-time goals from Alvaro Morata and Cristiano Ronaldo.
They will enter this weekend's ...|
|Mar 9 2014||Steyn, Johnson absent for T20 series ,Kora|
|(MENAFN - Kora) Mitchell Johnson has been rested for the three-match series, returning to Australia ahead of the World Twenty20 in Bangladesh.
Dale Steyn battled through South Africa's third Test ...|
|Mar 9 2014||Lee, Son progress to Birmingham last four ,Kora|
|(MENAFN - Kora) Malaysia's Lee thrashed Japan's Kento Momota 21-14 21-18 in their quarter-finals at the National Indoor Arena in Birmingham.
He will face Son Wan Ho in the last four after the ...|
|Mar 9 2014||Copa Libertadores Preview: Atletico Mineiro, Velez Sarsfield near progression ,Kora|
|(MENAFN - Kora) Both teams have claimed two wins from as many games in their groups and a third € halfway through the stage € would set them up nicely.
Mineiro have edged their way to the top of ...|
|Mar 9 2014||Davids: Del Piero should delay coaching plans ,Kora|
|(MENAFN - Kora)
The Sydney FC star, 39, is nearing the end of his career and is yet to re-sign with the A-League club, having been linked with another move to Asia.
Davids, who played alongside ...|
|Mar 9 2014||Blanc confirms Cavani will miss Bastia trip ,Kora|
|(MENAFN - Kora)Cavani returned to Uruguay earlier in the week for personal reasons and will not be back in time for Saturday's match.
The 27-year-old has scored 14 goals in 22 league appearances ...|
|Mar 9 2014||Barca are not in decline, Xavi insists ,Kora|
|(MENAFN - Kora) Barca secured three La Liga titles, two Copa del Rey medals and twice won the UEFA Champions League under the stewardship of former coach Pep Guardiola,
Tito Vilanova carried on ...|
|Mar 9 2014||UAE's Majid Al Futtaim sign agreement with HCT ,MENAFN|
|(MENAFN) UAE-based retail giant Majid Al Futtaim and Higher Colleges of Technology (HCT) have signed an agreement to launch a retail academy and industry consortium, according to Arabian ...|
|Mar 9 2014||Northampton book Anglo-Welsh Cup final spot ,Kora|
|(MENAFN - Kora) George Pisi was the star of the show for the 2010 winners at Franklin's Gardens as he completed a hat-trick in the second half to complete a comfortable victory.
Saracens struggled ...|