Tuesday, January 12, 2010

India & Asian Integration

India's increasing role in Asian integration was of particularly significance. India wants to be part of the first stage of the integration. India has pledged to fully contibrute to Asia's economic cooperation & integration ranging from energy & financial cooperation to IT & trade. It has insisted on how Asia's tremendous financial assets ( in term of forex reserves ) could be effectively used to enhance Asia's bargaining power on the world stage with other established entities such as EU & NAFTA or even the emerging groupings in Latin America & Middle-east and Africa. Regionalism is on the rise and East Asia should not be left out of this global trend.

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