ASIAN STUDIES GROUP
venerdì 24 ottobre 2008
ASEM Summit in Beijing: a resolution for financial crisis.
It has already started the consultation activity of the 7th summit of ASEM (Asia and Europe Meeting) taking place in Beijing today and tomorrow.
Prime ministers of 43 states from Asia and Europe are discussing about the recent financial crisis of international markets. During the opening cerimony Manuel Barroso, president of European Commission focused his attention on the value that the support of Asian countries and in particular of China, could represent to create an international security found.
The firm position of European Commission consist of a proposal which all one's efforts will put into a regulation plan for bank system. On this purpose 20 countries will also meet next 15th November in Washington to arrange a common and operative strategy.