7th Asia-Europe meeting concluded with consensus on global financial crisis
www.chinaview.cn 2008-10-26 02:04:38   Print

Special Report: The 7th Asia-Europe Meeting

Full text of statement of the Seventh Asia-Europe Meeting on the Int'l Financial Situation

The two-day 7th Asia-Europe Meeting (ASEM) was concluded at the Great Hall of the People in Beijing on Oct. 25, 2008.

The two-day 7th Asia-Europe Meeting (ASEM) was concluded at the Great Hall of the People in Beijing on Oct. 25, 2008. (Xinhua Photo)
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    BEIJING, Oct. 25 (Xinhua) -- The two-day 7th Asia-Europe Meeting (ASEM) was concluded here Saturday with participants reaching consensus on global financial crisis and other issues.

    The meeting, attended by leaders and representatives from 45 Asian and European nations and organizations, realized its expected goal and was a great success, Chinese Premier Wen Jiabao said in a closing speech.

    As one of the most fruitful achievements, a statement of the 7th ASEM on the international financial situation was adopted at the meeting.

    "Leaders believed that authorities of all countries should demonstrate vision and resolution and take firm, decisive and effective measures in a responsible and timely manner to rise to the challenge of the financial crisis," said the statement.

    The international community should continue to strengthen coordination and cooperation and take effective and available economic and financial measures in a comprehensive way to restore market confidence, stabilize global financial markets and promote global economic growth, it said.

    According to the document, leaders supported the convening of an international summit on Nov. 15 in the United States to address the current crisis and principles of reform of the international financial system.

    The summit also adopted a declaration on sustainable development.

    "The adoption of various cooperation proposals shows and proves again the interior impetus for strengthening dialogue at the ASEM and great potential for extending cooperation," Wen said.

    Amid the global financial turmoil, the ASEM has been widely regarded as an opportunity for Asian and European leaders to find a solution.

    French President Nicholas Sarkozy called the meeting very "helpful" for Asia and Europe to tackle the global financial crisis and build up common cause.

    "We had discussed nearly all of the topics concerned by the two continents including the most difficult issues," he said at a press conference at the end of the meeting.

    Premier Wen told the press conference the need of confidence, cooperation and responsibility to find a solution to the global financial meltdown.

    "We are glad to see that many countries have made their efforts and achieved some results. But it is not enough as we now see it, and more endeavors are needed," said Wen.

    All countries, especially developed ones, should take measures as soon as possible to stabilize the financial market and build public confidence, he said.

    Financial innovation could help develop the economy, but financial supervision is even more important for the security of the financial system, he added.

    The premier also declared that China would actively attend the Nov.15 financial summit.

ASEM agrees to issue the Beijing Declaration

    BEIJING, Oct. 25 (Xinhua) -- The Seventh Asia-Europe Meeting (ASEM) issued a Chair's Statement here on Saturday, agreeing to issue the Beijing Declaration on Sustainable Development.

    The statement said the leaders held extensive and in-depth discussions on issues of realizing the Millennium Development Goals (MDGs) as well as the sustainable development targets agreed in Johannesburg, strengthening energy security cooperation, jointly addressing the challenge of climate change, and environmental protection, including water resources, forests and air, and improving social cohesion under the framework of sustainable development. Full story

ASEM instructs FMs to discuss enlargement in future meetings

    BEIJING, Oct. 25 (Xinhua) -- The Seventh Asia-Europe Meeting (ASEM) issued a Chair's Statement here on Saturday, instructing the Ministers of Foreign Affairs to discuss the issue of enlargement in their future meetings.

    The statement said the leaders reaffirmed the role of ASEM as a multi-faceted dialogue facilitator and the key cooperation areas identified in the Helsinki Declaration on the Future of ASEM for its second decade. Full story

ASEM resolves to further promote interfaith understanding and exchanges

    BEIJING, Oct. 25 (Xinhua) -- The Seventh Asia-Europe Meeting (ASEM) issued the Chair's Statement here on Saturday, resolving to take concerted action to further promote interfaith understanding and exchanges.

    The statement said the leaders reaffirmed the respect for cultural diversity and the need to protect our cultural heritage and advocated mutual understanding, tolerance, respect and peaceful coexistence among different social systems, development paths and cultures. Full story

ASEM resolves to further promote interfaith understanding and exchanges

    BEIJING, Oct. 25 (Xinhua) -- The Seventh Asia-Europe Meeting (ASEM) issued the Chair's Statement here on Saturday, resolving to take concerted action to further promote interfaith understanding and exchanges.

    The statement said the leaders reaffirmed the respect for cultural diversity and the need to protect our cultural heritage and advocated mutual understanding, tolerance, respect and peaceful coexistence among different social systems, development paths and cultures. Full story

ASEM's strategic importance reaffirmed in Chair's Statement

    BEIJING, Oct. 25 (Xinhua) -- The Asia-Europe Meeting (ASEM) member leaders reaffirmed the strategic importance of ASEM, and emphasized the need to further strengthen Asia-Europe dialogue and cooperation, according to a Chair's Statement issued here Saturday by the ASEM seventh summit.

    The Statement, considered as a great result of the ASEM seventh summit, said leaders recognized that Asia and Europe are closely related geographically, historically and culturally, and are complementary in economic and social development and rich in cultural diversity. Full story

Asian, European leaders pledge to deepen economic co-op

    BEIJING, Oct. 25 (Xinhua) -- Asian and European leaders pledged to strengthen economic and development cooperation and coordination, raising capabilities to address various risks and challenges and promote fair and balanced progress of economic globalization.

    According to a Chair's Statement issued here on Saturday by the seventh summit of the Asia-Europe Meeting (ASEM), leaders discussed the current international economic and financial situations and recognized that the current global financial crisis has severe impact on the global financial system and world economy. The international community should jointly overcome the financial crisis through enhanced cooperation. Full story

Asian, European leaders vow to promote political dialogue

    BEIJING, Oct. 25 (Xinhua) -- The leaders from Asia and Europe reaffirmed their commitment to strengthening multilateralism and a multilateral international system with the United Nations at its core based on international law.

    In the Chair's Statement issued here on Saturday by the seventh summit of the Asia-Europe Meeting (ASEM), the Asian and European leaders also reiterated their support to peaceful resolution of international disputes through political and diplomatic efforts. Full story

Editor: Yan
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