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  • Asean think tank to focus on ‘3 pillars’
     
    By Estrella Torres
    Reporter

    MEMBERS of the Association of Southeast Asian Nations (Asean), along with their East Asian dialogue partners, have established a regional think tank that will provide intellectual and capacity-building support for the creation of an Asean single-market economy by 2015.

    Asean secretary-general Dr. Surin Pitsuwan said the regional think tank, called Economic Research Institute for Asean and East Asia (Eria), will focus on the three pillars of the Asean economic community that seeks to deepen integration, narrow the development gaps and promote sustainable development in East Asia.

    Among the first issues to be addressed by the Asean think tank are the escalating oil and food prices, energy security and infrastructure development.

    The establishment of the think tank was witnessed by members of its governing board at an inaugural meeting last week at the Asean secretariat in Jakarta, Indonesia. The board comprises the Asean secretary general and the eminent individuals from the government, business and academia of the 16 countries participating in the East Asia Summit (EAS).

    Dr. Surin emphasized the role of Eria in building the intellectual foundation for East Asian integration and its contribution to the establishment of the Asean economic community by 2015 in terms of “policy-oriented and strategic economic research and capacity building.”

    He said the regional think tank “would help to create the world’s largest business space in a vibrant and more integrated East Asia.”

    The Asean secretary general emphasized that the “Asean economic integration is the key to wider regional integration.”

    “Asean’s role as a driver of regionalism and a hub creating linkages among Australia, China, India, Japan, South Korea and New Zealand has brought the best out of their individual contributions to East Asian community building,” said Dr. Surin in a statement issued by the Asean secretariat.

    Participating countries in the East Asia Summit include Asean members the Philippines, Malaysia, Indonesia, Thailand, Singapore, Laos, Cambodia, Vietnam, Brunei and Burma/Myanmar and their regional dialogue partners Japan, South Korea, China, Australia, India and New Zealand.

    Japanese Prime Minister Yasuo Fukuda said Eria is designed to be a think tank, similar to what the Paris-based Organization for Economic Cooperation and Development (OECD) is to the developed world.

    The Japanese government will finance the operations of Eria for its first decade.

    Dr. Dinh Van An, president of Central Institute for Economic Management of Vietnam, was elected as the first chairperson of the Eria governing board for the first three years. At the same time, Hidetoshi Nishimura, special assistant to the chairman of Japan External Trade Organization on Eria Matters, was appointed executive director of the Asean think tank.

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