Southeast Asia summit to launch regional economic community
by Eileen Ng and Vijay Joshi

The Associated Press    Translate This Article
20 November 2015

On 20 November 2015 The Associated Press reported: Southeast Asian leaders gathered Friday for a weekend summit at which they will formally create a unified economic community in a diverse region far larger than the European Union or North America, with hopes of competing with China and India. The 10 leaders in the Association of Southeast Asian Nations will sign a declaration on Sunday establishing the ASEAN Economic Community, originally envisioned in 2002. The ASEAN summit will also include separate meetings with China, South Korea, India, Japan, and the United States. On Sunday, those five countries along with the 10 ASEAN countries and Australia, New Zealand, and Russia are to meet in the so-called East Asia Summit to discuss regional and global issues such as terrorism, the migrant crisis, and cyber security. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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