The Boao Forum reiterates the need for regional stability for Asia to continue to enjoy economic prospects.
THE
Boao Forum for Asia, which concluded in the small town of Boao on
southern China’s Hainan island, has reached an important consensus from
Asia.
Major Asian leaders want every country in the continent to
ensure regional stability so that Asia will continue to enjoy its
fast-paced economic prosperity.
Speaking at the opening of the
forum, which was running for its 12th year, Chinese President Xi Jinping
was the first to make clear his stand – China will not wage a war
unless its enemy severely threatened its sovereignty.
He said
that China would continue to resolve any differences and disputes it has
with its Asian counterparts amicably while expanding cooperation in the
continent.
“On the basis of maintaining the sovereignty and
safety of our territories, we will work hard to maintain good relations
with our neighbours as well as overall peace and stability in our
region,” he said.
Xi said China is a peace-loving nation whose people have deep and painful memories of the war and revolt era.
He
said China and its Asian neighbours relied on each other as China could
not develop in isolation from the rest of Asia and the world, while the
world could not enjoy prosperity and stability without China.
“Over
the past decade, trade among Asian nations jumped from US$800bil (RM2.4
trillion) to US$3 trillion (RM9 trillion). Trade between Asian nations
and other countries increased from US$1.5 trillion (RM4.6 trillion) to
US$4.8 trillion (RM14.6 trillion).
“That means trade in Asia is
open. Regional and global cooperation goes hand in hand and does not go
against each other. Everyone benefits from such cooperation.”
Myanmarese
President U Thein Sein said that his government would place great
emphasis on collaboration, transparency, accountability and
inclusiveness in its political, economic and social reform processes.
He
said in spite of the increasing global challenges, uncertainties and
high risks, all Asian nations should be able to remain successful in the
continent by upholding regional political, social and economic
stability continuously.
Kazakhstan President Nursultan Nazarbayev
said in order to boost the efficiency of cooperation, all Asian nations
need to work together, coordinate with each other more and have a
common action agenda.
He said they should explore their
decision-making mechanism, accommodate the position of all countries and
be more open to the outside world because no country could stay immune
from the global impact.
Sultan of Brunei Sultan Hassanal Bolkiah said Asean has a role to play in promoting peace and collaboration.
Brunei’s
Asean Chairmanship theme of “Our People, Our Future Together” this year
reflects the vision of the Asean founders who believed open conflict
would endanger the development prospect of its members.
Thus, they would be committed to refrain from the use of force.
“As
the world becomes more and more connected, Asia’s success will
contribute to a greater good in the global arena. We all share a
collective responsibility in shaping a successful future.
“We are
about to face competing political and economic interests and this will
pose a threat to our resolve for partnership and harmony,” he said.
Indian
Corporate Affairs Minister Sachin Pilot said Asia was one of the
fastest growing continents in recent years but rapid growth would not
occur if each country does its own thing in isolation.
“Good economics and robust growth are only attainable when there is understanding with each other.
“I
am delighted to hear what the Chinese President was saying about how we
need to have more peace and prosperity for us to grow.
“The global economic recovery can take 10 or 20 years, depending on how focused we are in Asia,” he said.
Australian
Prime Minister Julia Gillard pointed out that what North Korea and
South Korea were doing on the Korean Peninsula by provoking each other
was the last thing Asia wanted to see.
“There, any aggression is a threat to the interest of every country in the region.
“For
this reason, I do welcome the growing cooperation of all regional
governments to prevent conflict on the Korean peninsula and to counter
North Korean aggression.
“That cooperation is also a sign of what would be needed in future as we face other security challenges.
“Asia must be a region of sustainable security in which habits of cooperation are the norm,” she said.
Besides
the latest tension on the Korean peninsula, Asia faces other security
threats, especially the Kashmir conflict, Gaza Strip tension and
counter-claims of islands and sea borders by China, Japan, Korea,
Taiwan, the Philippines and Indo-China.
For the sake of regional
stability and integration, to start off with, the forum’s vice-chairman
Zeng Peiyan proposed for more infrastructures to be built to connect
Asian nations together.
“There are two main things we need to work on.
“Firstly,
we should establish exchanges and cooperation between each Asian
economy on planning and building infrastructures such as electricity,
railway, road and telecommunication.
“Secondly, we need to find a solution to the huge financing gaps in infrastructure development in Asia.
“Between
2010 and 2020, Asia will need some US$8 trillion (RM24 trillion) or
more to fund infrastructure projects to sustain the current levels of
economic growth.
“It will be good that each nation sets up an
investment fund which specialises in providing financing services for
the construction of such infrastructures,” said Zeng.
Made in China
By CHOW HOW BAN
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