Transcript
HIDEAKI TANAKA: Asia and East Asia in particular has been growing most dynamically in the world. Trade and investment among economies of the region are increasing and interregional relationships are growing closer by the day. In order to make this trend solid and robust so as to build a basis for stable growth in the future, Japan, China, Korea, and the Association of Southeast Asian Nations (ASEAN) are exploring ways toward regional economic integration through free trade agreements (FTAs) and economic partnership agreements (EPAs). The world is watching closely to see how such an endeavor will bear fruit. The Chinese economy, which has been driving growth in Asia, continues to expand with vigor. On the other hand, there are increasing disparities within the country and shortages of energy and other resources, and these challenges have become conspicuous. What trajectory China's economic growth will follow and what impact it will give to the regional and global economy is being debated from various perspectives. On the other hand, if we turn to the United States, this year the congressional leadership has shifted to the Democrats and next year a presidential election will take place. So the country is at a turning point, particularly on the political front.
The changes in the United States are sure to significantly affect the future of Asia. Therefore, we are strongly interested in how the United States' foreign and trade policies will evolve.
It is from these perspectives that we invited well-informed speakers from the United States, Japan, and other countries in Asia, to contribute to a lively discussion from diverse viewpoints. We hope that the symposium will help us better understand the future of Asia.