Asia and Europe: Engaging for a Post-Crisis World

Key points in this Programme Paper:

+ The success of past Asia-Europe initiatives highlights the benefits of cooperation between Asia and the European Union, particularly as future challenges are as likely to be global as they are regional.

+ While many Europeans currently consider there to be a crisis of global leadership, many Asians perceive current trends as marking the end of Western domination and the emergence of a more representative global leadership structure.

+ Asia is enjoying sustained economic growth. However, this has not yet converted into a pan-Asian identity. The Asian approach to regionalism differs greatly from that espoused by the European Union.

+ Existing systems of global governance do not reflect emerging economic realities. This is problematic both for over-represented Europe and for under-represented Asia.

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