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Title:UK: LONDON: ASIAN LEADERS GATHER FOR ASEM CONFERENCE
Duration:04:28
Viewed:741
Published:21-07-2015
Source:Youtube

(2 Apr 1998) English/Nat Leaders from the Asian members of ASEM gathered in London on Thursday for the first time since they arrived in the British capital. Japanese Prime Minister Ryutaro Hashimoto hosted the meeting of Asian leaders at the Dorchester hotel in central London. Among those attending were the Brunei Sultan Haji Hassanal Bol, Chinese Prime Minister Zhu Rongji, Indonesia's Vice President B-J Habibie, Malaysian Prime Minister Mahathir Mohamad, Philippine Senate President Neptali Gonzales, Singaporean Prime Minister Goh Chok Tong, South Korean President Kim Dae-jung, Thai Prime Minister Chuan Leekpai and Vietnamese Prime Minister Phan Van Khai. At the top of the meeting's agenda was the region's financial woes. The Thai Foreign Minister said the leaders also discussed widening the ASEM membership. SOUNDBITE: (English) "They coordinated positions on issues like the financial crisis in Asia - how we can cooperate together between the Asian side and on the European side in trying to rectify the situation. One major issue is the issue of membership that some of them think that now is probably too early to talk about opening up the process for new members. They have to strengthen the process first." SUPER CAPTION: Dr. Surin Pitsuwan, Thai Foreign Minister The Thai minister also indicated his interest in seeing further development of an Asian trust fund. SOUNDBITE: (English) "Well, I think it's a good beginning. But we would like to see it go further to improve the alleviation of the liquidity crunch. In many of the Asian economies, we don't have enough liquidity to help exports even. So a trust fund is a good beginning. We hope it will become a kind of more active fund." SUPER CAPTION: Dr. Surin Pitsuwan, Thai Foreign Minister Find out more about AP Archive: www.aparchive.com/HowWeWork Twitter: twitter.com/AP_Archive Facebook: www.facebook.com/APArchives ​​ Instagram: www.instagram.com/APNews/ You can license this story through AP Archive: www.aparchive.com/metadata/youtube/48f36b120655080…

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