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Boiko A. I.
Donetsk National University
named after Mykhailo Tugan-Baranovsky, Ukraine
THE BASIC FEATURES OF NOWADAYS’ EUROPE-ASIAN
ECONOMIC RELATIONS
The realities of the post cold war global arena, dictate closer
relations between the continents of Asia and Europe. The circumstances within
these regions however are not unequivocally conducive. Europe is in the throes
of integration and redefinition - the EMU, unemployment and the return of labour-oriented
governments in many European countries leave Europe’s external policy a matter
of less urgent priority. Asia is no less pre-occupied [1].
As Asia and Europe have evolved, so has the global context.
“Globalisation” as such is hardly a new phenomenon, and the 18th and 19th
centuries also saw rapid and far-reaching changes in the organisation of the
world economy. What is new in recent years is the speed at which events in one
part of the world influence conditions in another, and the intensity of our
economic, political, and social interdependence. The East Asian Crisis may have
brought home to the countries of the region their dependence on international
capital flows, and emphasised again the importance of international trade as a
motor of growth and recovery. But Europe also is subject to the same market
disciplines, and needs to be no less vigilant on the need for good governance
in the financial and corporate sector, or on the essential importance of
responsive and affordable social policies.
This increasing global interdependence also brings with it increasing
global responsibilities. The EU and its Asian partners have a shared interest
in promoting peace and security at the global level, in enhancing the
effectiveness of the UN, and in addressing global environmental challenges. It
is also in our common interest to address the “dark side of globalisation”,
combatting transnational crime and terrorism, and addressing global scourges
such as poverty and epidemic disease [2].
European integration is a unique endeavour. Bringing
together sovereign nations with a long and rich history is a long-term process,
which requires a sense of purpose and determination. Early on, Europeans placed
emphasis on achieving economic integration. The single European market and the
euro are two major achievements. More recently, the focus shifted towards
further developing the Union’s institutional framework and political dimension
[3].
Since 1994, the political
dialogue of EU with key partners in the region has developed
considerably, with new Summit dialogues in the Asia-Europe Meeting (ASEM) and
with China, India, Japan and (soon) Korea, with the ongoing EU ASEAN dialogue,
including active EU participation in the ASEAN Regional Forum (ARF), and with
continuing highlevel contacts with Australia and New Zealand. The EU has
continued to make an active contribution to peace and security issues in the
region, for example in its assistance for the establishment of democratic
government in Cambodia and East Timor, its support for refugees in and from
Afghanistan, and in its support for the inter-Korean dialogue and its
contribution to KEDO. The EU has also established an important human rights
dialogue with China (and hopes to develop such a dialogue with North Korea); in
Indonesia it is actively supporting efforts towards the strengthening of
governance and civil society participation; and in relation to Burma/Myanmar
and Pakistan the EU continues to encourage any opening towards democracy [2].
On May 25,
2004 the two-day Third ASEM (Asia-Europe Meeting) Foreign Ministers' Meeting
concluded in Beijing with fruitful results. Foreign ministers from 25 ASEM
member states and the EU External Relations Commissioner attended the meeting.
The theme of the meeting was “Strengthening the Asia-Europe Partnership in the
New Century”. The foreign ministers attending the meeting held in-depth and
fruitful discussions on extensive issues in political dialogue, economic and
trade cooperation, and social and cultural exchanges. The meeting also adopted
the Chairman’s Statement, which reflects the broad consensus and cooperation
reached by Asia and Europe in these areas.
The meeting has helped strengthen Asia-Europe
political relations, as foreign ministers at the meeting proposed to set up a
UN affairs consultation mechanism. The meeting helped strengthen economic and
trade cooperation as it confirmed several cooperation proposals on economic
cooperation, trade, finance, the environment, science and technology. The
meeting also helped enlarge Asia-Europe cooperative fields. The ministers
stressed at the meeting the significance of enhancing cooperation in the areas
of society, culture, education, human resources, the environment and judicial
system. The Chairman's Statement, adopted at the meeting, reflected the
consensus reached by both Asia and Europe in conducting cooperation in
political dialogue, economy and trade, finance, science and technology,
environmental issues, education and cracking down on cross-border crimes [4].
Asian countries are a crucial economic and political partners for the
EU. Quite apart from its economic and political weight, the region is also the
locus of some of the world’s most critical potential flash-points, and is home
to the majority of the world’s poor. Asia and Europe are increasingly subject
to the same challenges and opportunities arising from globalisation. Yet too
often these two regions may have seemed to be distant partners, focused more on
their own concerns, or on their relations with other regions of the world, than
on strengthening their mutual relations [2].
References:
1. http://www.spp.nus.edu.sg/ips/docs/publications/wp4.pdf
2.http://ec.europa.eu/development/icenter/repository/strategy_asia_2001_en.pdf
3. http://www.bis.org/review/r060215e.pdf
4. http://www.chinaembassy.nl/eng/zt/zgyyohy/t138645.htm