Asia

Over the past few years, South Asia has sustained a period of robust growth that has lifted up many living in poverty, and made notable strides in health and education. In fact, the World Bankreports that between 2013 and 2016, growth in South Asian countries increased from 6.2% to 7.5% while growth rates of otherdeveloping nationsremained flat or even turned negative. In the coming years, the World Bank expects countries in South Asia to continue this growth trajectory, estimated at 6.3 percent in 2020 and 6.7 percent in 2021. These countries did not have any official channels for seeking mutual understanding with China, including the establishment of diplomatic relations. While fearing that guerrilla activities might intensify as a result of the Vietnam cease-fire, these countries were still unable to find effective means to cope with them. Meanwhile, the Soviet Union expressed its interest in the Southeast Asian countries by flying a trial balloon after the Brezhnev speech of March 1972 on his idea of Asian collective security.

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At the same time, as most South Asian countries are not huge importers of finished goods, many are involved in importing raw commodities to manufacture finished goods for export. Still, cheaper imports have allowed the manufacturing of finished products at lower costs, offering a competitive advantage for international exports. This article explores the economic potential of South Asian countries, and what makes each of these nations have the next high-growth potential. The Asian Development Bank is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.

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They also reaffirmed the role of the Treaty of Amity and Cooperation in maintaining peace and security in the region. Russia acceded to the TAC on 29 November, thereby becoming the second nuclear weapon state and UN Security Council member to sign the TAC after China. On 22 July, the 10th ASEAN Plus Three Foreign Ministers Meeting (ASEAN+3) was held in Phuket, Thailand. The Foreign Ministers expressed concern over recent DPRK nuclear tests and missile launches and urged the DPRK to comply with obligations under UNSC resolutions. They also encouraged early resumption of the Six-Party Talks and the possible use of the ARF as a regional security forum including all participants to the Six-Party Talks. On 9 June, Malaysia, on behalf of ASEAN, delivered a statement at the second session of the Conference on Disarmament.

South & Central Asia

The ASEAN countries reaffirmed their support for and active participation in all efforts to achieve the objective of general and complete disarmament, especially the nonproliferation of nuclear weapons and of other weapons of mass destruction . They also noted the recent dialogues among the major powers and concerned States on national missile defenses . At the 5th ASEAN Plus Three Foreign Ministers Meeting (ASEAN+3), which convened on 1 July, Chairman H.E Dr. N. Hassan Wirajuda issued a statement noting that the meeting focused on various regional issues, with special emphasis placed on developments in Korea. Once gain, in addition to addressing administrative and economic issues, the Ministers also welcomed the accession of Japan to the TAC and China’s readiness to sign to Protocol of the Treaty of the Southeast Asia Nuclear Weapon Free Zone.

The Fourth Industrial Revolution began roughly at the turn of the twenty- first century . Automation and connectivity are the two main characteristics of this revolution that are being advanced by many disruptive technological innovations, such as artificial intelligence , big data, internet of things , robotics, and many more. The United States and Europe have been at the forefront of the Industrial Revolutions over the last two and a half centuries. Almost all Asian countries, except Japan, were latecomers to these revolutions. Nevertheless, many of them, including China, South Korea, Singapore, Hong Kong, Taiwan, India, Indonesia, and Malaysia, made significant progress by the end of the Third Industrial Revolution. An emirate is a political territory that is ruled by a Muslim monarch called an emir.

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The focus of the meeting was on Energy, Environment, Climate Change and Sustainable Development. The potential increase in the use of nuclear energy was discussed in this regard. The members drafted an ASEAN Leaders’ Declaration on Environmental Sustainability to be signed at the 13th ASEAN Summit. In the days prior to the meeting, Ministers discussed the creation of an agency to monitor compliance with the SEANWFZ. The ministers also discussed their intentions to strengthen the regions relationship with the IAEA and capacity to implement safeguards. On 24 July, the Democratic People’s Republic of Korea acceded to the Treaty of Amity and Cooperation in Southeast Asia.

The largest of the Asian countries by area is Russia, which occupies about 30% of the total territory of the continent. The impacts of the COVID-19 pandemic have dramatically increased food insecurity in some of the poorest and most vulnerable countries in the Asia Pacific region. Join the Asia-Pacific Rural Development and Food Security Forum 2022 on March to learn more on critical issues on food security.

Another important issue relates to the exploitation of migrants from the region. While it is incorrect to depict all such migrants as victims subject to exploitation, there can be no doubt that some groups are vulnerable to exploitation of a number of kinds. This is particularly the case among some groups of female migrants, especially those who work in occupations where protection is difficult, such as domestic workers in private homes and in the entertainment industry. Those who are undocumented are especially vulnerable to exploitation but lack of knowledge and local languages and customs can also increase vulnerability of immigrants. Understate the scale and impact of remittances nationally, there can be no doubt that their impact within regions of South and Southeast Asian countries is much greater.