Thailand
has called for connectivity between Asia and Europe and the development
of new forms of economic relations for greater employment and trade
opportunities between the two regions.
Prime Minister Yingluck Shinawatra exchanged views on
economic and financial issues with other leaders of Asia and Europe at
the ninth Asia-Europe Meeting, or ASEM 9.
At the meeting, held in Vientiane, Lao PDR, on 5-6 November 2012, Prime
Minister Yingluck cited a “New Silk Route” as an example of connectivity
between Asia and Europe, in addition to the existing maritime and air
transport. She urged the two regions to support land transport networks
between them, as well.
The Prime Minister said that another long-term project is a high-speed
train system linking Thailand with China and connecting further with
Russia and Europe through the Trans-Siberian Railway. The complementary
networks would be an option for goods transportation from Southeast Asia
to Europe. This connectivity, supported by similar regulations on
cross-border transport, would promote better flows for trade and
investment.
She told the meeting that ASEAN members were also accelerating
connectivity across the region and economic expansion in preparation for
the ASEAN Community in 2015.
Regarding economic cooperation, Asian and European partnership accounts
for about half of the world's GDP, around 60 percent of the world's
population, and up to 60 percent of global trade. Prime Minister
Yingluck stressed the need for Asia and Europe to join forces in
combating trade protectionism and promoting trade and investment between
them.
The European Union (EU) is negotiating a number of free trade agreements
with Asian partners in order to increase further market access and job
opportunities. The President of the European Commission, Mr. José Manuel
Barroso, paid an official visit to the Thailand on 4 November before
leaving for ASEM 9. His visit to Thailand was the first official visit
ever by a President of the European Commission.
On this occasion, Prime Minister Yingluck invited the EU to take
advantage of Thailand’s strategic location to intensify the EU’s trade
and investment relations with ASEAN and beyond. Both leaders stated
their firm commitment for an early conclusion of the Thailand-EU
Partnership Cooperation Agreement and the launch of negotiations on a
free trade agreement in early 2013.
President Barroso commended Thailand's proactive role in improving the
connectivity of ASEAN and stressed the importance of peaceful settlement
of territorial and maritime disputes. Prime Minister Yingluck
encouraged the European Union to further engage more actively with ASEAN
and intensify ASEAN-EU relations and cooperation. Both leaders welcomed
the ongoing reforms in Myanmar and emphasized the importance of joint
efforts to render support to Myanmar's reform process.
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