PM calls for collective temper to take on global economic challenges in East Asia Summit
Dr Manmohan Singh stressed the country’s stand for dialogue and meeting the goals in the region
Brunei: Calling for cooperation among Asia Pacific countries to tackle the global economic uncertainty, Prime Minister Manmohan Singh today said the vast growth potential of India and these nations can be realized only by inculcating a “collective temper”.
Addressing the 8th East Asia Summit here, Singh said the meeting is taking place at a time “when the need for collective action, cooperation and collaboration in the Asia Pacific region has never been felt more acutely. Global economic uncertainty and political turmoil in other parts of the world have impacted countries in our region equally.”
He said, “In addition, this vast region faces challenges arising not only from its diversity, but also from differences. Clearly, the potential of unprecedented prosperity for our peoples can be realized only by inculcating a cooperative temper,” the Prime Minister said.
Mentioning the motive of the summit, he said, “The East Asia Summit is a forum that is, in my view, ideally placed to help us realize our common goals for advancing security and prosperity in a cooperative framework,” he added.
The Prime Minister told the Summit that the implementation of an earlier commitment for ASEAN Connectivity requires a sense of greater urgency and “building of physical infrastructure needs to go hand-in-hand with creation of soft infrastructure along the connectivity corridors.”
While mentioning the country’s stand, Dr. Singh said, “India welcomes dialogue and cooperation with like-minded countries on innovative means of financing these infrastructure requirements. We welcome Brunei Darussalam’s initiative to hold a meeting between the ASEAN Connectivity Coordinating Committee and the East Asia Summit later this year,” he added.
Singh further said that the Regional Comprehensive Economic Partnership (RCEP), launched in Phnom Penh last year, has provided a roadmap for regional economic integration.
He said that this can reinforce growth and accelerate development across the region, besides enhancing mutual stakes in regional stability and security. “India remains fully engaged in and committed to the RCEP process”, he added.
“We must supplement this effort with cooperation on the challenges of energy, food, health and human resource development. We, therefore, welcome the adoption of the Declaration of the 8th East Asia Summit on Food Security,” he said.
“We support Australia and Vietnam as co-Chairs of the launch of the Asia-Pacific Leaders’ Malaria Alliance. We are happy to co-chair with Australia the Task Force on Access to Quality Medicines to combat malaria. We have also proposed a new initiative for cooperation among East Asia Summit members in trauma care and nursing,” Singh added.