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Japan proposes 16-nation Asian trade bloc
KUALA LUMPUR (AFP) - Japanese officials have proposed a sprawling 16-nation free-trade grouping with China,
South Korea, Australia, India, New Zealand and the 10-nation Southeast Asian bloc.
The 16 last year formed the East Asia Summit -- seen as a precursor of a giant free-trade community embracing half the world's population.
Australia, NZ, Malaysia support Japan's 16-nation free-trade proposal
KUALA LUMPUR (AFP) - Japan won the support of Australia, New Zealand and Malaysia for its proposed 16-nation free-trade grouping with China, South Korea, India and the 10-country Southeast Asian bloc.
"We welcome the move," Michael Mugliston, head of the Asia trade task force at Australia's department of foreign affairs told reporters on the sidelines of an Association of Southeast Asian Nations (ASEAN) economic officials meeting.
Japanese officials on Thursday proposed the ambitious trade bloc which would take in half the world's population. The 16 nations last year formed the East Asia Summit -- seen as a precursor of an eventual giant free-trade community.
The Plan to Replace the Dollar With the 'Amero'
The idea to form the North American Union as a super-NAFTA knitting together Canada, the United States and Mexico into a super-regional political and economic entity was a key agreement resulting from the March 2005 meeting held at Baylor University in Waco, Tex., between President Bush, President Fox and Prime Minister Martin.
A joint statement published by the three presidents following their Baylor University summit announced the formation of an initial entity called, “The Security and Prosperity Partnership of North America” (SPP). The joint statement termed the SPP a “trilateral partnership” that was aimed at producing a North American security plan as well as providing free market movement of people, capital, and trade across the borders between the three NAFTA partners:
We will establish a common approach to security to protect North America from external threats, prevent and respond to threats within North America, and further streamline the secure and efficient movement of legitimate, low-risk traffic across our borders.
Bush, Fox, Harper Stress North American Unity, Cooperation
Washington -- By working together to address shared concerns on such issues as border security, immigration and economic competitiveness, the three nations of North America can help ensure higher standards of living for all their citizens, according to the leaders of Canada, Mexico and the United States.
Canadian Prime Minister Stephen Harper, Mexican President Vicente Fox and U.S. President George W. Bush -- in Cancún, Mexico, for a March 30-31 trilateral summit – told reporters March 31 that the agenda of North America's Security and Prosperity Partnership (SPP) will be pursued through trilateral Cabinet-level meetings on trade, environmentally responsible energy policies, immigration, border security and technological innovation.
Originally posted by subz
Lastly in the Quad-Polar role call would be Russia. The red-haired bastard stepchild that no one really wants to associate itself with. Perhaps Russia would again try to absorb it's former Soviet states into an economic bloc simply out of necessity to compete with the three other super unions. Or perhaps even a non-aligned union, a contradiction in terms, but a telling discription of the left overs that do not necessarily want union but band together when needed to safeguard their interests if jeapordized by the other three super-unions.