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Asia-Europe Meeting
slowdown. The theme for the meeting is \"20 Years of ASEM:Partnership for the Future through Connectivity.\" The ASEM summit will also be the first major multilateral diplomatic gathering since the July 12 ruling by a UN-backed tribunal that struck down China\'s claims of historical rights\" in the strategic South China Sea.
Vice President Hamid Ansari led an Indian delegation to the 11th Asia-Europe Meeting (ASEM) in Ulaanbaatar, the capital of Mongolia, on July 15-16. The 11th ASEM Summit assumes special importance in view of the fact, that 2016 marks the 20th anniversary of the dialogue forum. The summit is taking place amid dramatic changes in Europe following Britain's exit from the EU and a global economic
slowdown. The theme for the meeting is "20 Years of ASEM:Partnership for the Future through Connectivity." The ASEM summit will also be the first major multilateral diplomatic gathering since the July 12 ruling by a UN-backed tribunal that struck down China's claims of historical rights" in the strategic South China Sea.
The Asia-Europe Meeting (ASEM) is an informal process of dialogue and cooperation bringing together the 28 European Union member states, 2 other European countries, and the European Union with 21 Asian countries and the ASEAN Secretariat.
The ASEM dialogue addresses political, economic and cultural issues. The initial ASEM partnership in 1996 consisted of 15 EU member states and 7 ASEAN member states plus China, Japan, Korea and the European Commission.
The ASEM Summit is a biennial meeting between the Heads of State and Government, the President of the European Council, the President of the European Commission, and the Secretary-General of the Association of Southeast Asian Nations (ASEAN).
ASEM's coming into being was a natural response to the dramatic changes in the global political and economic landscape in the mid-1990s following the end of the Cold War, at a time when Asia was emerging as a world economic powerhouse.
ASEM has made noticeable achievements since its establishment in 1996. Its members have increased from 26 to 53 and its influence has extended from Northeast, Central, Southeast and South Asia to large parts of Europe and Oceania.
ASEM accounts for more than 60 percent of the world's population, economic output and trade volume and comprises four of the five permanent UN Security Council members, seven of the world's top 10 economies and 12 of the G20 members. But despite such achievements, ASEM is yet to resolve a series of issues that may affect its further development.
Given the rapid globalization and ever-rising appeals for better global and regional economic governance, ASEM may face a "survival crisis" if it does not define its development direction and promote pragmatic cooperation.
