2017年8月21日

Wednesday, November 6, 2013

Date Wednesday, November 6, 2013
Asia-Pacific Forum 2013Asia-Pacific Forum 2013
Venue Molonglo Theatre, Crawford School of Public Policy
Level 2, JG Crawford Building 132, The Australian National University
Sponsors Japan Economic Foundation(JEF)
Jiji Press Bldg. 11F, 5-15-8 Ginza, Chuo-ku
Tokyo 104-0061, Japan
TEL: +81(3)5565-4824
URL: http://www.jef.or.jp
Crawford School of Public Policy, ANU College of Asia and the Pacific
Building 132, Lennox Crossing
The Australian National University
Canberra ACT 0200 Australia
URL: http://www.crawford.anu.edu.au

Asia-Pacific Forum 2013More Pictures

TopicsINTERNATIONAL SYMPOSIUM
"ASIA'S ECONOMIC CHALLENGES AND POLICY CHOICES"

Program

KEYNOTE ADDRESSDr. David Gruen
Executive Director, Macroeconomic Group, Australian Treasury

SESSION 1: REGIONAL TRADE CHOICESChairProfessor Peter Drysdale
The Australian National University

PanelistsProfessor Shujiro Urata
Waseda University, Japan
Dr. Andrew Elek
The Australian National University
Dr. Thomas G Aquino
University of Asia and the Pacific, Philippines
Dr. Biswajit Dhar
Research and Information System for Developing Countries, India

SESSION 2: ASIA AND THE GLOBAL TRADING SYSTEMChairMr. Naoyuki Haraoka
Japan Economic Foundation, Japan

PanelistsDr. Hank Lim
Singapore Institute of International Affairs, Singapore
Dr. Djisman Simandjuntak
Prasetiya Mulya Business School, CSIS Foundation, Indonesia
Professor Gary Hawke
Victoria University of Wellington, New Zealand
Mr. Tadayuki Nagashima
Japan External Trade Organization, Japan
Dr. Mignonne Man-Jung Chan
National Chengchi University, Taiwan

SESSION 3: ASIAN GROWTH- PROSPECTS AND RISKSChairDr. Shiro Armstrong
The Australian National University

PanelistsProfessor Kazumasa Kusaka
Japan Economic Foundation, Japan
Professor Yunling Zhang
Chinese Academy of Social Sciences, China
Ms. Anita Prakash
Economic Research Institute for ASEAN and East Asia, Indonesia
Dr. Chulsu Kim
Institute of Trade and Investment, Korea

ParticipantsList

SummarySummary (English)Summary (Japanese)

2016. NOVEMBER 2015. NOVEMBER 2014. NOVEMBER 2013. NOVEMBER 2013. FEBRUARY 2011. OCTOBER 2010. OCTOBER 2009. SEPTEMBER 2008. OCTOBER 2007. NOVEMBER 2006. NOVEMBER 2005. OCTOBER 2005. FEBRUARY 2004. JANUARY 2003. MARCH

4.Participants(Wednesday, November 6, 2013)

AUSTRALIA

Dr. Shiro ARMSTRONG Research Fellow, Director, East Asian Bureau of Economic Research; Editor, East Asia Forum; Crawford School of Public Policy, ANU College of Asia and the Pacific
Professor Peter DRYSDALE Emeritus Professor, Head, East Asian Bureau of Economic Research and East Asia Forum, Crawford School of Public Policy, ANU College of Asia and the Pacific
Dr. Andrew ELEK Research Fellow, Crawford School of Public Policy, ANU College of Asia and the Pacific; Inaugural Chairman, APEC Senior Officials Meeting (SOM)
Dr. David Gruen Executive Director, Macroeconomic Group, Australian Treasury

CHINA

Professor ZHANG Yunling Academy Member, Director of International Studies, Chinese Academy of Social Sciences (CASS)

ERIA

Ms. Anita PRAKASH Director, Policy Relations, Economic Research Institute for ASEAN and East Asia (ERIA)

INDIA

Dr. Biswajit DHAR Director General, Research and Information System for Developing Countries, India (RIS)

INDONESIA

Professor DJISMAN Simandjuntak Professor of Business Economics, Prasetiya Mulya Business School; Chairman of Board of Directors, Centre for Strategic and International Studies Foundation (CSIS)

JAPAN

Professor Kazumasa KUSAKA Chairman and CEO, Japan Economic Foundation (JEF); Former Vice-Minister for International Affairs in the Ministry of Economy, Trade and Industry (METI)
Professor Shujiro URATA Professor of Economics, Graduate School of Asia-Pacific Studies, Waseda University
Mr. Naoyuki HARAOKA Executive Managing Director, Japan Economic Foundation (JEF)
Mr. Tadayuki NAGASHIMA Executive Vice President, Japan External Trade Organization (JETRO)
Ambassador Shinichi SAITO Executive Director for International Affairs, Japan Economic Foundation (JEF)

KOREA

Dr. Chulsu KIM Chairman, Institute for Trade and Investment (ITI), Lee International; Former Minister of Trade, Industry and Energy of the Republic of Korea

NEW ZEALAND

Professor Gary HAWKE Emeritus Professor, Victoria University of Wellington; Senior Fellow, New Zealand Institute of Economic Research (NZIER)

PHILIPPINES

Dr. Thomas G. AQUINO Senior Fellow, Center for Research and Communications, University of Asia and the Pacific; Former Senior Undersecretary, Department of Trade and Industry of the Republic of Philippines

SINGAPORE

Dr. Hank LIM Senior Research Fellow, Singapore Institute of International Affairs (SIIA)

TAIWAN

Dr. Mignonne Man-Jung CHAN Adjunct Associate Professor, National Chengchi University

OBSERVER

Dr. Hideyuki MIURA Assistant Professor of International Political Economy, Department of Policy Studies, Kyorin University, Tokyo
Mr. Manabu SAITO Research Planning Division, Overseas Research Department, Japan External Trade Organization (JETRO)

February 4-5, 2013

Date February 4-5, 2013
Venue Japan External Trade Organization (JETRO) Headquarters
Ark Mori Building, 5F (Exhibition Hall)
12-32, Akasaka 1-chome, Minato-ku
Tokyo 107-6006
JAPAN
URL: http://www.jetro.go.jp/
Sponsors Japan Economic Foundation(JEF)
Jiji Press Bldg. 11F, 5-15-8 Ginza
Chuo-ku, Tokyo 104-0061
Japan
TEL: +81(3)5565-4824
FAX: +81(3)5565-4828
URL: http://www.jef.or.jp
Japan External Trade Organization (JETRO)
Ark Mori Building, 6F
12-32, Akasaka 1-chome, Minato-ku
Tokyo 107-6006
JAPAN
URL: http://www.jetro.go.jp/

Asia-Pacific Forum 2013
Asia-Pacific Forum Feb.2013More Pictures

Topics"FTAs as a Growth Strategy for Asia"

Program

Keynote Address byMr. Nobuhiko SASAKI, Vice-Minister for International Affairs, Ministry of Economy, Trade and Industry (METI) of Japan
Recent Topics on Japan's Trade Policy

Session 1: Status of Bilateral and Regional FTAs in the Asia-Pacific Regiona. Overview: Taking stock of the state of recent FTAs in the Asia-Pacific region

b. Focused discussions
i. Assessment of regional FTAs such as the TPP, RCEP, and China-Japan-South Korea FTA
ii. Assessment of FTAs linking the Asia-Pacific region with outside entities, particularly the EU (Japan-EU, South Korea-EU, U.S.-EU, etc.)

ModeratorDr. Andrew ELEK, Research Fellow, Crawford School of Public Policy, Australian National University and The inaugural chairman of APEC Senior Officials Meeting (SOM)
187th_special_article02
Indonesia and APEC 2013, IQ Jan 2013

Presenters- Prof. Hidetoshi NISHIMURA, Executive Director, Economic Research Institute for ASEAN and East Asia (ERIA)
JEF-JETRO Symposium_Presentation_ERIA_final

- Prof. DJISMAN Simandjuntak, Professor of Business Economics, Prasetiya Mulya Business School and Chairman, Board of Directors, CSIS Foundation
eastasiaJEFJan13
JEFFeb13

- Mr. Kazumasa KUSAKA, Corporate Adviser, Mitsubishi Electric Corporation (Former Vice-Minister for International Affairs, Ministry of Economy, Trade and Industry (METI) of Japan)
asiaFTAkusaka

- Mr. Jayasena JAYASIRI, Senior Director, Multilateral Trade Policy and Negotiations, Ministry of International Trade and Industry of Malaysia
1-4_Jayasiri

- Prof. Gary HAWKE, Emeritus Professor, Victoria University of Wellington
Bilateral & Regional FTAs
JEF Tokyo Presentation1

Session 2: Changes in the Political and Economic Environment Which Affect FTAs in Asiaa. Overview: Analysis and assessment of factors influencing FTAs and other free trade systems

b. Focused discussions
i. Impact of the EU currency crisis on the economy of the Asia-Pacific region
ii. How to evaluate the impact of recessionary fears on the global economy and on the economy of the Asia-Pacific region
iii. How to evaluate the impact of recent changes in the international political situation involving Japan, China, and South Korea on trade and the economy

ModeratorProf. Simon SC TAY, Chairman, Singapore Institute of International Affairs (SIIA)

Presenters- Prof. YAO Yang Dean, National School of Development (NSD) and Professor, Director, China Center for Economic Research (CCER), Peking University
Yao Yang

- Mr. Hiroyuki ISHIGE, Chairman and CEO, Japan External Trade Organization (JETRO) (Former Vice-Minister for International Affairs, Ministry of Economy, Trade and Industry (METI) of Japan)
Global Supply Chains and Region-wide FTAs

- Prof. Shujiro URATA, C Professor of International Economics, Graduate School of Asia-Pacific Studies, Waseda University
JEF Conference February 4-5

- Dr. Thomas G. AQUINO Senior Fellow, Center for Research and Communications, University of Asia and the Pacific (Former Senior Undersecretary, Department of Trade and Industry of the Republic of Philippines)
Session 2_FTA as a Growth Strategy for Asia JEF 2013

Session 3: Future Prospects for FTAs in the Asia-Pacific Regiona. Overview: Prospects for trade liberalization in the Asia-Pacific region (TPP, RCEP, China-Japan-South Korea FTA, FTAAP, etc.)

b. Focused discussions (key issues to influence future prospects)
i. Development of FTAs to assure the stable supply of resources (how to deal with export restrictions) As import liberalization proceeds apace, export restrictions remain in force, giving rise to fears that this key area of regulation will be left behind in the liberalization process.
ii. How to redefine the concept of national borders in trade reform International dumping and domestic dumping should be ideally treated in the same manner.
iii. Fairness in terms of opportunities to participate in FTAs such as the RCEP in the Asia-Pacific Region Will inequality in terms of opportunities act as a negative factor for regional revitalization?

ModeratorMr. Noboru HATAKEYAMA, Chairman and CEO, Japan Economic Foundation (JEF) (Former Vice-Minister for International Affairs, Ministry of International Trade and Industry (MITI (METI as of now)) of Japan)

Presenters- Prof. ZHANG Yunling, Academy Member, Director of International Studies, Chinese Academy of Social Sciences (CASS)
Rerebuilding1301

- Dr. Chulsu KIM, Chairman, Institute for Trade & Investment (ITI), Lee International (Former Minister of Trade, Industry and Energy of the Republic of Korea)
JEF_Future Prospects for FTAs

- Amb. Mark SINCLAIR, The New Zealand Ambassador to Japan
Sinclair_JEF seminar

- Dr. Hank LIM, Senior Research Fellow, Singapore Institute of International Affairs (SIIA)
FutureProspectsforFTAsintheAsia-PacificRegion_session3

- Dr. Mignonne Man-jung CHAN, Executive Board Member, Association of the Emerging Market Studies (AEMS) and Visiting Professor, International Doctoral Program in Asia-Pacific Studies (IDAS), National Chengchi University
Future Prospect of FTAs for the Asia-Pacific Region

- Mr. Kurt TONG, Deputy Chief of Mission, The Embassy of the United States

ParticipantsList

SummarySummary (English)Summary (Japanese)

Chairman's SpeechOpening Remarks by Mr. Hatakeyama (February 4, 2013@JEF-JETRO International Symposium)

Good Morning Ladies and Gentlemen. Mr. Nobuhiko SASAKI, Vice-Minister for International Affairs, from the Ministry of Economy, Trade and Industry, speakers present from other countries, Ladies and gentlemen. I would like to welcome you all for participating in the forum. This forum, when I became Chairman of Japan Economic Foundation in 2003, was first held in Singapore as a place to promote FTA discussions in the Asia-Pacific region. Later, this forum has been held taking in turns in different countries and region. This year, we celebrate its 11th forum, now being held in Tokyo jointly with JETRO. In holding this forum, we had cooperation from METI, JETRO and other related organizations. I would like to extend my deepest gratitude for each and every one of these organizations.

Looking at the global economy last year, in Europe, financial crisis caused a lot of uncertainties to the future of global economy. The European financial crisis, as a result of successive measures taken by EU authority, in particular, with the establishment of ESM, European Stability Mechanism in October last year, aimed at strengthening support to the Euro zone, led to the stabilization of the situation. But still the bipolarization between north and south of EU has not yet been resolved. So, the future of the situation in EU is still worth attention.

In the U.S., towards the end of the year, the "fiscal cliff" was a focus of the attention in the world. From the end of the year to the beginning of this year, thanks to the efforts of President Obama and the both parties, "falling from the cliff" was avoided for a while. It was avoided by the two months-extension of budget sequester. However, since this is a provisional "emergency measure", the world is watching what measures will be taken in February which is the end of this extension.

Although the BRICs countries are expected to pull the global economy in the future, Brazilian economy is stagnant and Chinese economy growth is also slowing down. So, what measures would be taken against that is another point of notice.
In case of Japan, as you know, with the establishment of Abe administration, the 2% of inflation target was introduced to overcome deflation. Based on that, "the tree arrows policy" that is fiscal policy, financial policy and growth strategy, will be put in place to vitalize the economy. Market is positively responding to this policy. The prices of stocks are going up and in the foreign exchange market, yen rate is now converting to a more appropriate level. I am also greatly looking forward to this policy.

Now, I want to touch upon Japanese trade which is strongly affected by foreign exchange rate.
Looking at trade balance, Japan recorded a deficit of 2.6 trillion yen, and that of last year was a deficit of 6.9 trillion yen. Weakening of yen is good news for exports from Japan, but, at the same time, it will push up the import value reflecting increased cost of fossil fuel etc.

Under that situation, question is whether it is possible to further expand exports. I believe that active promotion of FTAs with other countries is necessary. Currently, there are more than 220 FTAs enacted in the world. As of the end of November last year, Japan had 13 FTAs with twelve countries and one region. In addition, negotiations are going on with six countries including Australia and Canada. And also, there was an official announcement to start governmental negotiations of Japan-EU and China-Japan-Korea FTAs.
But, when we look at the FTA coverage ratio among total export, it is still 19% in Japan. Compared to the extremely high ratio of Mexico (92%) and of Chile (90%), the ratio of Japan is extremely low. It is even lower compared to 45% of United States and 37% of Korea. Korea is now negotiating FTA with China. When this FTA is realized, I believe the ratio of Korea will further go up.

Currently, we are seeing a slow-down of the global economic growth. Every country is very active in promoting FTA to vitalize their economy. Based on this situation, we would like to have a concentrated discussion on the future of FTAs in the Asia-Pacific region with authorities of FTAs and those actually in charge of negotiations of FTAs from eleven countries and one international organization.

At the 2010 APEC, there was an agreement that TPP, which is now a focus of our attention, and ASEAN + 6 then which is now called "RCEP" should aim at a comprehensive free trade agreement at APEC ultimately. However, when we look at the countries or regions composing the membership, Taiwan is a member of APEC but it is not covered by RCEP. India is under RCEP but is not a member of APEC. So I hope we could have more discussions on this membership issue, too.

I hope the meeting of today will be informative to you in conducting your future businesses.

Thank you very much for your kind attention.

2016. NOVEMBER 2015. NOVEMBER 2014. NOVEMBER 2013. NOVEMBER 2013. FEBRUARY 2011. OCTOBER 2010. OCTOBER 2009. SEPTEMBER 2008. OCTOBER 2007. NOVEMBER 2006. NOVEMBER 2005. OCTOBER 2005. FEBRUARY 2004. JANUARY 2003. MARCH

4.Participants(February 4-5, 2013)

AUSTRALIA

Dr. Andrew ELEK Research Fellow, Crawford School of Public Policy, Australian National University and The inaugural chairman of APEC Senior Officials Meeting (SOM)

CHINA

Prof. YAO Yang Dean, National School of Development (NSD) and Professor, Director, China Center for Economic Research (CCER), Peking University
Prof. ZHANG Yunling Director, Chinese Academy of Social Sciences (CASS)

ERIA

Prof. Hidetoshi NISHIMURA Executive Director, Economic Research Institute for ASEAN and East Asia (ERIA)

INDONESIA

Prof. DJISMAN Simandjuntak Professor of Business Economics, Prasetiya Mulya Business School and Chairman, Board of Directors, CSIS Foundation

JAPAN

Mr. Nobuhiko SASAKI Vice-Minister for International Affairs, Ministry of Economy, Trade and Industry (METI) of Japan
Mr. Noboru HATAKEYAMA Chairman and CEO, Japan Economic Foundation (JEF) (Former Vice-Minister for International Affairs, Minister of International Trade and Industry of Japan)
Mr. Naoyuki HARAOKA Executive Managing Director, Japan Economic Foundation (JEF)
Mr. Hiroyuki ISHIGE Chairman and CEO, Japan External Trade Organization (JETRO) (Former Vice-Minister for International Affairs, Ministry of Economy, Trade and Industry (METI) of Japan)
Mr. Kazumasa KUSAKA Corporate Adviser, Mitsubishi Electric Corporation (Former Vice-Minister for International Affairs, Ministry of Economy, Trade and Industry (METI) of Japan)
Amb. Shinichi SAITO Executive Director, International Affairs, Japan Economic Foundation (JEF)
Prof. Shujiro URATA Professor of International Economics, Graduate School of Asia-Pacific Studies, Waseda University

KOREA

Dr. Chulsu KIM Chairman, Institute for Trade & Investment (ITI), Lee International (Former Minister of Trade, Industry and Energy of the Republic of Korea)

MALAYSIA

Mr. Jayasena JAYASIRI Senior Director, Multilateral Trade Policy and Negotiations, Ministry of International Trade and Industry of Malaysia

NEW ZEALAND

Prof. Gary HAWKE Emeritus Professor, Victoria University of Wellington
Amb. Mark SINCLAIR The New Zealand Ambassador to Japan

PHILIPPINES

Dr. Thomas G. AQUINO Senior Fellow, Center for Research and Communications University of Asia and the Pacific (Former Senior Undersecretary, Department of Trade and Industry of the Republic of Philippines)

SINGAPORE

Dr. Hank LIM Senior Research Fellow, Singapore Institute of International Affairs (SIIA)
Prof. Simon SC TAY Chairman, Singapore Institute of International Affairs (SIIA)

TAIWAN

Dr. Mignonne Man-jung CHAN Executive Board Member, Association of the Emerging Market Studies (AEMS) and Visiting Professor, International Doctoral Program in Asia-Pacific Studies (IDAS), National Chengchi University

THE UNITED STATES

Mr. Kurt TONG Deputy Chief of Mission, The Embassy of the United States

October 12-13, 2011

Date October 12-13, 2011
Venue W Taipei
10 Zhongxiao East Road Sec. 5, Xinyi District
Taipei, 110 Taiwan
TEL: +886-2-7703-8888
FAX: +886-2-7703-8899
URL: http://www.wtaipei.com
Sponsors Japan Economic Foundation(JEF)
Jiji Press Bldg. 11F, 5-15-8 Ginza
Chuo-ku, Tokyo 104-0061
Japan
TEL: +81(3)5565-4824
FAX: +81(3)5565-4828
URL: http://www.jef.or.jp
Taiwan Institute of Economic Research (TIER)
7F, No.16-8, Dehuei Street
Jhongshan District, Taipei 10461
Taiwan
TEL: +886-2-2586-5000
FAX: +886-2-2586-8855
URL: http://english.tier.org.tw/

Asia-Pacific Forum 2011
Asia-Pacific Forum 2011More Pictures

Topics"Seeking the optimum future shape for regional economic integration in the Asia-Pacific region"

Program

Session 1 : Role of regional integration in ensuring stable supply of resources (energy, minerals, food, etc.), parts and industrial materials- How can regional integration contribute to ensuring stable supply of resources, including the issue to recover the parts supply chain disrupted by the Great East Japan Earthquake?

Presenters-Dr. Biswajit DHAR, Director-General, Research and Information System for Developing Countries (RIS)
Trade Integration and Growth of Regional Value Chains

-Prof. Shujiro URATA, Professor of International Economics, Graduate School of Asia-Pacific Studies, Waseda University
Role of Regional Integration in Ensuring Stable Supply of Parts and Industrial Materials

-Prof. Gary HAWKE, Emeritus Professor, Victoria University of Wellington
Seeking a new balance in the regional integration of the Asia-Pacific region (paper)
Seeking a new balance in the regional integration of the Asia-Pacific region

-Dr. Thomas G. AQUINO, Senior Fellow, Center for Research and Communications, University of Asia and the Pacific (Former Senior Undersecretary, Department of Trade and Industry of the Republic of Philippines)
Presentation(paper)
Presentation

-Dr. Mignonne Man-jung CHAN, Executive Director, Chinese Taipei APEC Study Center, Taiwan Institute of Economic Research (TIER)
SUPPLY CHAIN CONNECTIVITY & DISASTERS RESILIENCE ROLE OF REGIONAL INTEGRATION

Session 2: Impact of new FTAs and possible FTAs on the ASEAN economic integration and other Asian FTAs- Impact of ECFA, Korea-EU FTA, TPP, etc. on the other Asian FTAs

Part1: Current status and Significance, Reactions of the Asian countries

Presenters-Mr. J. Jayasiri, Senior Director, Economic and Trade Relations, Ministry of International Trade and Industry of Malaysia
JEF-TIER International Symposium

-Dr. Chulsu KIM, Chairman, Institute for Trade & Investment (ITI), Lee International (Former Minister of Trade, Industry and Energy of the Republic of Korea)
New Opportunities for Advancing Regional Economic Integration in East Asia

-Prof. Simon SC TAY Chairman, Singapore Institute of International Affairs (SIIA)

Part2: Impact and Prospect

Presenters-Dr. Andrew ELEK, Visiting Professor, Australian National University
Thinking outside the negotiating square

-Prof. ZHANG Yunling, Director, Chinese Academy of Social Sciences
Moving toward a Greater Market Integration

-Mr. Noboru HATAKEYAMA, Chairman and CEO, Japan Economic Foundation (JEF) (Former Vice-Minister for International Affairs, Ministry of International Trade and Industry of Japan)
Intervention in session 2

-Dr. Hank LIM, Senior Research Fellow, Singapore Institute of International Affairs (SIIA)
IMPACT OF NEW FTAs AND POSSIBLE FTAs ON THE ASEAN ECONOMIC INTEGRATION AND OTHER ASIAN FTAs
IMPACT OF NEW FTAs AND POSSIBLE FTAs ON THE ASEAN ECONOMIC INTEGRATION AND OTHER ASIAN FTAs(Word)

-Dr. Ping-Kun CHIANG, Chairman, Straits Exchange Foundation (SEF)
A New Era in Cross-Strait Relations

ParticipantsList

SummarySummary (English)Summary (Japanese)

Chairman's SpeechOpening Remarks by Mr. Hatakeyama (October 12, 2011@JEF-TIER International Symposium)

Your Excellency Vice President Siew, Honorable Economic Vice Minister Liang, distinguished guests, ladies and gentlemen. As a host of the 10th International Symposium, I would like to heartily welcome all of you here.

I have long looked forward to hosting this symposium in Taiwan. It is a great pleasure for me to have the chance on this momentous 10th occasion on the following day of the 100th anniversary of the Chinese Xinhai Revolution. In organizing this symposium, we received full support from the Taiwan Institute of Economic Research and other related organizations. I would like to extend my deep gratitude to everyone in the authorities who made this possible, in particular to Dr. Hong and Dr. Chan, President and Executive Director of TIER for your kind support.

In addition, I would like to take this opportunity to express our sincere appreciation to the people of Taiwan and the Taiwanese government for your support given to Japan in the wake of the Great East Japan Earthquake on March 11. As you are aware, this calamity with an unprecedented 9.0 magnitude brought unparalleled devastation: So far, around 20,000 people have been found dead or remain missing and property damage caused by the disaster has reached 17 trillion yen .

As of October 5th, Japan received tremendous physical, material and financial support from 163 countries, regions and organizations throughout the world. In particular, Taiwan has provided us a significant amount of material and financial support, including the rescue team immediately dispatched on March 14. This is one of the largest aids amassed for the disaster relief along with America's "Operation Tomodachi" or the "Operation Friends". I would like to reiterate my gratitude to everyone in Taiwan.

Looking at the current world economy, my personal view is that this recession has been continuing since the crisis due to sub-prime loan back in 2007. Apparent economic recoveries in many countries of the world, including Japan, may be just thanks to stimulus packages implemented by them and if the effects of these packages expire, then recoveries may also expire.

Therefore many governments in the world had better continue to stimulate their economies. There are two ways for governments to do so. The first one is to pour money into economies and the second one is to deregulate economies without using money.

Let me start from the first one to use money. This is what many governments have done thus far to cope with this crisis. As the result of this policy, however, many governments in the world have increasingly become poor. Therefore many of them cannot afford to spend fiscal money any longer. Only what they can do in this respect is to rely on their central banks to relax money supply which many countries in this region are doing.

The second way is to deregulate economic activities, trying to rely upon private economies. There are some remaining regulations inheriting just the past vested interests even in the developed economies. If those regulations are lifted, economic activities will increase. For example, even today, it is said Japanese society is not ready to accept robotics in its laws and ordinances. If they are lifted, then the demands for robots will increase tremendously, thereby raising the productivity in aging society. I think it would be difficult to implement deregulation alone. But if it is conducted in the context of FTA it will be a lot easier.

The first meeting of this symposium was held in Singapore in 2003, - Since then, each member country took its turn hosting the event under cooperation with domestic think-tanks and universities in the cities of Bangkok, Manila, Seoul, Jakarta, Beijing, Kuala Lumpur, New Deli and Wellington. As I mentioned earlier, this symposium in Taipei marks the 10th such occasion.

During those eight years, there have been or will be several major developments in terms of FTAs in Asia.

The first is the integration of ASEAN, due to take place in 2015. People around the world are watching developments carefully to see whether integration will be achieved in 2015 as scheduled.

The second major step forward was the start of joint governmental studies at senior official level concerning rules of origin, tariff classifications, custom procedures and economic cooperation within the EAFTA and the CEPEA. As part of these studies, working groups have been established for each FTA.

Third was the summit agreement reached last May to conclude a feasibility study on an FTA between China, Japan and South Korea by the end of this year.

The fourth major step is the TPP, being negotiated last week in Hawaii by nine countries, including the United States and several ASEAN countries.

Fifth is the ECFA, an FTA between China and Taiwan.

And sixth is the major change in the policy of South Korea toward FTAs.

I believe the best way to cope with this long recession without using money is to make use of these FTAs or regional integrations as much as possible

The main theme this time is "Seeking a new balance in Asia-Pacific the regional integration of Asia-Pacific region." In concrete terms, we would like to discuss two topics with participant specialists from major countries in the Asia-Pacific region:

1) The role which regional integrations play in securing energy, mineral and foodstuff resources, as well as industrial parts and materials.
2) The impact, both positive and negative, which newly or soon-to-be concluded FTAs including the ECFA (or China-Taiwan FTA), South Korea-EU FTA and TPP may bring on the existing FTAs in the Asian region.

Through exchange of views on this occasion, I truly hope that all participants go on to share with the world what we have learned here.

Thank you for your attention.

2016. NOVEMBER 2015. NOVEMBER 2014. NOVEMBER 2013. NOVEMBER 2013. FEBRUARY 2011. OCTOBER 2010. OCTOBER 2009. SEPTEMBER 2008. OCTOBER 2007. NOVEMBER 2006. NOVEMBER 2005. OCTOBER 2005. FEBRUARY 2004. JANUARY 2003. MARCH

4.Participants(October 12-13, 2011)

AUSTRALIA

Dr. Andrew ELEK Visiting Professor, Australian National University

CHINA

Prof. ZHANG Yunling Director, Chinese Academy of Social Sciences (CASS)

INDIA

Dr. Biswajit DHAR Director-General, Research and Information System for Developing Countries (RIS)

JAPAN

Mr. Noboru HATAKEYAMA Chairman and CEO, Japan Economic Foundation (JEF) / (Former Vice-Minister for International Affairs, Ministry of International Trade and Industry of Japan)
Mr. Naoyuki HARAOKA Executive Managing Director, Japan Economic Foundation (JEF)
Amb. Shinichi SAITO Executive Director, International Affairs, Japan Economic Foundation (JEF)
Prof. Shujiro URATA Professor of International Economics, Graduate School of Asia-Pacific Studies, Waseda University

KOREA

Dr. Chulsu KIM Chairman, Institute for Trade & Investment (ITI), Lee International (Former Minister of Trade, Industry and Energy of the Republic of Korea)

MALAYSIA

Mr. J. Jayasiri Senior Director, Economic and Trade Relations, Ministry of International Trade and Industry of Malaysia

NEW ZEALAND

Prof. Gary HAWKE Emeritus Professor, Victoria University of Wellington

PHILIPPINES

Dr. Thomas G. AQUINO Senior Fellow, Center for Research and Communications University of Asia and the Pacific (Former Senior Undersecretary, Department of Trade and Industry of the Republic of Philippines)

SINGAPORE

Dr. Hank LIM Senior Research Fellow, Singapore Institute of International Affairs (SIIA)
Prof. Simon SC TAY Chairman, Singapore Institute of International Affairs (SIIA)

TAIWAN

H.E. Mr. Vincent SIEW Vice President
Dr. Ping-Kun CHIANG Chairman, Straits Exchange Foundation (SEF)
Mr. Francis Kuo-Hsin LIANG Vice Minister of the Ministry of Economic Affairs
Dr. David S. HONG President, Taiwan Institute of Economic Research (TIER)
Dr. Mignonne Man-jung CHAN Executive Director, Chinese Taipei APEC Study Center, Taiwan Institute of Economic Research (TIER)
Dr. Samuel S.G. WU Professor, Department of Public Administration and Policy, Taipei University
Ms. Jen-ni YANG Deputy Chief Representative, Office of Trade Negotiations, Ministry of Economic Affairs (MOEA)