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Cooperation in Regional Forums

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Abstract

Table 6.1 illustrates the significance of Asian and EU trade in 1996. It also highlights the growing trend for national economies to form regional blocs of different types in order to respond to the major globalizing economic forces at the end of the twentieth century. In the light of international changes Japan and the EU have begun to create important networks and coalitions in the 1990s within forums as varied as the G24, the Organization for Security and Cooperation in Europe (OSCE), the Korean Peninsula Energy Development Organization (KEDO), the ASEAN Post-Ministerial Conference (PMC), the ASEAN Regional Forum (ARF) and the Asia-Europe Meeting (ASEM). Although these networks have developed gradually, at different levels and with regard to different types of issues, they now constitute a fundamental component of Japan-EU relations.

Growth, in percentage, in the value of world trade by regions, 1990–96 (trade in goods) ($bn)

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Notes

  1. For example, prospects of Finland and Sweden joining the EC increased Japanese Foreign Direct Investment (FDI) in those countries — see James Darby, ‘Introduction: Japan and the European Periphery’, in his edited work, Japan and the European Periphery (London: Macmillan, 1996) pp. 4–5.

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  2. See also Takashi Inoguchi, Japan’s Foreign Policy in an Era of Global Change (London: Pinter, 1993) p. 79.

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  5. For examinations of different aspects of Asia, see Geoffrey Wiseman, ‘Common Security in the Asia-Pacific Region’, The Pacific Review, 5 (1992) especially 58, footnote 1;

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© 2000 Julie Gilson

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Gilson, J. (2000). Cooperation in Regional Forums. In: Japan and the European Union. Palgrave Macmillan, London. https://doi.org/10.1057/9780333981399_6

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