ASEAN, EU establish new forum<\/p>\n
SINGAPORE (Reuters): About 500 businesses from Southeast Asia
\nand Europe are expected to schedule around 1,300 meetings over
\ntwo days during the first ASEAN-EU Partenariat gathering,
\nofficials said yesterday.<\/p>\n
The Partenariat program provides small- and medium-sized
\nbusinesses with help and information on joint ventures, markets
\nand investments to help smaller companies internationalize.<\/p>\n
Launched in the European Union (EU) in 1988, the two-day
\nSingapore gathering to link with companies from the Association
\nof Southeast Asian Nations (ASEAN) is the first time a Partneriat
\nmeeting has been held outside the EU.<\/p>\n
\"The objective of holding the ASEAN-EU Partenariat is to
\nfurther stimulate the economic activities between Europe and Asia
\nby encouraging co-operation between European and Asian
\ncompanies,\" the European Commission said in a statement.<\/p>\n
Formal co-operation agreements have been signed in about 30 to
\n40 percent of cases after meetings at previous European
\nPartenariats, the statement said.<\/p>\n
The 15-nation EU is the world's largest trading entity.<\/p>\n
ASEAN, which groups Brunei, Myanmar, Indonesia, Laos,
\nMalaysia, the Philippines, Singapore, Thailand and Vietnam, is
\nthe fourth largest trading bloc.<\/p>",
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