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Follow-up meeting to Euro-Asia summit held in Brussels

A follow-up meeting to the Euro-Asia summit, held in Bangkok in March 1996, was held in Brussels on 24 and 25 July 1996. The meeting, at senior official level, brought together representatives of 25 countries as well as the European Commission.

The aim of the meeting was to i...
A follow-up meeting to the Euro-Asia summit, held in Bangkok in March 1996, was held in Brussels on 24 and 25 July 1996. The meeting, at senior official level, brought together representatives of 25 countries as well as the European Commission.

The aim of the meeting was to improve the flow of trade and investment worldwide as well as between Europe and Asia. In particular, the meeting sought convergence of European and Asian views on investment liberalization in preparation for the World Trade Organization ministerial meeting to be held in Singapore in December 1996.

The meeting also aimed to facilitate bilateral trade and investment between Europe and Asia, with the acceptance of a proposal to prepare a Trade Facilitation Action Plan. The Commission is likely to bring forward a concrete proposal for this at the next senior officials' meeting in early 1997.

Sir Leon Brittan, Commissioner responsible for external trade, welcomed the results of the meeting, saying that it was a clear sign that Europe and Asia were determined to turn political intentions into concrete action on the future of world trade policy.
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