Asian cebu city summit

Description:The leaders of the members nations signed a declaration known as the Bali Concord II in which they agreed to pursue closer economic integration by According to the declaration, "an ASEAN Community " would be set upon three pillars, "namely political and security cooperation, economic cooperation, and socio-cultural cooperation; For the purpose of ensuring durable peace, stability and shared prosperity in the region. Also, a free trade area would be established in the region by ASEAN's leaders also discussed setting up a security community alongside the economic one, though without any formal military alliance. During the same meeting, the People's Republic of China and ASEAN have also agreed to work faster toward a mutual trade agreement, which will create the world's most populous market, with 1.

Views: 8427 Date: 2018-08-22 Favorited: 9