Question:

What is meaning of ASEM?

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  1. The Asia-Europe Meeting (ASEM) was officially established in 1996 at the first summit in Bangkok. ASEM is an interregional forum which consists of the European Commission, the twenty-seven members of the European Union (EU), the thirteen members of the ASEAN Plus Three regional grouping[1], and, as of 2008, India, Mongolia, and Pakistan.

    The main components of the ASEM process, which has so far been loosely organized, include:-

    political dialogue

    security and the economy

    education and culture

    or the so-called three pillars.

    In general, the process is considered by the parties involved to be a way of deepening the relations between Asia and Europe at all levels, which is deemed necessary to achieve a more balanced political and economic world order. The process is enhanced by the biannual meetings of heads of state, alternately in Europe and Asia, and political, economic, and cultural meetings and events at all kinds of other levels.

    In February 1997, ASEM member countries established Asia-Europe Foundation (ASEF), which is based in Singapore and mandated to promote better mutual understanding between the peoples of Asia and Europe through greater intellectual, cultural, and people-to-people exchanges. The Foundation is funded by contributions from the member governments, but the cost of many of its projects are shared by other institutions as well as private corporations of ASEM countries. One way ASEF carries out its mandate is by creating its own projects. Some of these initiatives include Asia-Europe Lecture, Asia-Europe Young Artists' Painting Competition and Exhibition, Informal Human Rights Seminar, Asia-Europe Youth Co-operation Network, and ASEF Editors' Roundtable.

    The meetings have been held in:

    1996 ASEM 1, Bangkok, Thailand

    1998 ASEM 2, London, United Kingdom

    2000 ASEM 3, Seoul, South Korea

    2002 ASEM 4, Copenhagen, Denmark

    2004 ASEM 5, Hanoi, Vietnam

    2006 ASEM 6, Helsinki, Finland (India, Mongolia and Pakistan were invited to participate in future meetings.[1])

    2008 ASEM 7, will be held on October 24-25 in Beijing, China

    TIB


  2. Asia-Europe Meeting

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