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The following article was published in our article directory on October 29, 2010.
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ASEAN Summit In the Multiple Shadows Held

Article Category: Business

Author Name: Amanda xzh

ASEAN Summit held in Hanoi today. To independent estimates, the region's territorial disputes and the issue of Myanmar is one of the election. Vietnamese Prime Minister Nguyen Tan Dung said that the ASEAN summit on a regular basis to make an important contribution to regional security.

The opening ceremony of the ASEAN summit, Vietnamese Prime Minister Nguyen Tan Dung said: "The regional economic recovery, the process of establishing an ASEAN Economic Community are to bear fruit."

However, monetary disputes, territorial disputes and Burma once again cast a shadow over the summit. November 7, Myanmar will hold the first elections in 20 years. Critics say this is just a political show designed to allow the junta continues to rule. Myanmar, a quarter of seats in Parliament has been reserved for the military. Many senior officials took off his military uniform for the use of civilians as candidates. Myanmar officials also announced during the election campaign, election observers and foreign journalists will not be allowed entry. Earlier opposition leader Aung San Suu Kyi called for a boycott elections. Delegation of the news, according to the summit, Myanmar Foreign Minister Nyan Win at a dinner Oct. 27, said Aung San Suu Kyi under house arrest may be released after the election, but he did not disclose the exact date. Criticized the lack of credibility of the election of Myanmar Foreign Minister of Indonesia, said Natalegawa, the region is expected to immediately release Aung San Suu Kyi.

In recent weeks, UN Secretary-General Ban Ki-moon also said he was more disappointed with the junta and urged the region to adopt more stringent measures to Myanmar. He said that otherwise the credibility of democracy in these countries themselves may be damaged. ASEAN member countries to pursue non-interference in internal affairs, but no doubt the Myanmar issue from outside the Union are increasing pressure.

On the "currency war" sounded the alarm

ASEAN summit is expected to be in the region "currency war" sounded the alarm. China remains firmly under control compared to RMB appreciation, the yen and the number of emerging economies in the region's currencies against the U.S. dollar has significantly improved export to these countries enormous pressure and led to an influx of foreign capital. Is followed by inflation concerns and the emergence of speculative bubbles.

Saturday, ASEAN meeting will be extended to 16 countries of East Asia Summit, Australia, China, India, Japan, Korea and New Zealand will attend the meeting. Parties are particularly concerned that Chinese Premier Wen Jiabao and Japanese Prime Minister Naoto Kan whether to hold a bilateral meeting. According to Kyodo news agency reported on Wednesday that China has canceled a planned Friday at the Economic Ministers Meeting in Japan and Korea, as the two sides differ on rare earth export restrictions.

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