Almost back-to-back the two major Asian summits ran within less than a 10-day time frame. Was there first the the APAC 2011 Hawaii summit last week where all Asian Pacific nations met and made agreements. At this very moment Indonesia is hosting the ASEAN Summit 2011 in Bali.
The largest economy in the world – The United States of America - played an important role in both the ASEAN 2011 summit as also as the hoist for APAC 2011 Summit in Hawaii.
The presence of United States president Barack Obama left a deep impression for all delegates to both summits.
APAC 2011 Summit In Hawaii
The APAC 2011 Summit in Hawaii United States was visited by executives and delegates from Malaysia, Singapore, Indonesia, Thailand, Vietnam, Taiwan, South Korea Japan, Russia, Canada, United States, Australia, Mexico, New Zealand, China, Hong Kong, The Philippines, Burma, Brunei, Cambodia and Laos. But also the small countries like Fuji, Samoa, Solomon Islands, East Timor and Tonga were represented.
The extensive calendar of events during the APAC 2011 Summit in Hawaii showed a business advisory council meeting, lectures and seminars on future of the voices, financial deputies meeting, the CEO summit, a variety of ministerial meetings and the economics leader’s meeting.
This Asia Pacific Business symposium attracted attention to the APAC region from all around the world. The ties were strengthened and the world was given a strong signal that the APAC region is a region to be counted with. Both the USA and China the two largest economies in the world conglomerate in this region and their strength stretches far and beyond.
ASEAN Summit 2011
The ASEAN Summit 2011 was held in Bali, Indonesia. ASEAN is the Association of South East Asian Nations and it is another economical powerhouse in the east. All ASEAN nations also fall under the APAC flag which makes it an interesting association. The ten member states of ASEAN – Brunei, Malaysia, Cambodia, Laos, Myanmar, Thailand, Indonesia, The Philippines and Singapore make a good economical team in the region. The original five countries which founded ASEANn have been attracting more and more countries to the association and now a total of 18 nations participate, including Japan, South Korea, United States, China and Japan. But also Russia and Indi a were invited this time to Bali.
A long agenda shows events for the ministers visiting the summit, but also meetings for political security, rural development and health. Among many economical meeting opportunities.
It is almost no coincidence that these two world economical summits – APAC 2011 Summit and ASEAN Summit 2011 - were run back-to-back. It clearly shows the world in which booming momentum the Asian Pacific region is growing and portraying itself. All nations committed to thee summits have benefitted from these summits as the world stage opened up and economical opportunities for the whole region.