East Asian Community - Essay Example

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East Asian Community

During the ASEAN summit held in Tokyo, Japan, the member nations of the ASEAN made an official proclamation declaring East Asian Community to be a major goal of ASEAN nations including China, Japan, and Korea. And on December 2005, the first East Asian summit will be held in Kuala Lumpur Malaysia. The EAC will comprise China, Japan, Korea, ASEAN nations, additionally India, Australia and New Zealand are also invited to join. The agenda for the first East Asian Summit have to establish yet, so far the parties involved have limited themselves to hoping that EAS will create the basis for an East Asian Community based on "common values" and a "common identity." However, they have yet to define exactly what values and identity they have in mind. Such an approach does not give much reason to believe that East Asia is on the brink of some radical new master plan (Berkofsky 2005).
But how will the emergence of East Asian Community mean to U.S. interest in the region How will it affect the U.S.-Asian relationship Is this an anti-American movement The Issues and Insights vol. 5 no.9 "The Emerging East Asian Community: Should Washington be concerned" by Ralph Cossa, Simon Ta, and Lee Chung-min discusses key issues relating to the emerging East Asian Community.
Ralph Cossa wrote in the first chapter his argument from an American perspective. ...Show more

Summary

Right after the Cold-War is over, the world has witnessed economic regionalization on the rise among neighboring nations whether through political means or as evident in increased intra-states trade. In the 1990s, regionalism comes to an age with the formation of EU (European Union) and NAFTA (North American Free Trade Agreement)…
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