
© Alexey Vitvitsky / Sputnik / AFPAsian and European leaders gather at the ASEM 12 summit last week with German Chancellor Angela Merkel, center in purple, for a group photo in Brussels on October 19, 2018.
Totally under the radar of a news cycle consumed by the Pulp Fiction in Istanbul saga and the ever-mutating US-China trade war, leaders from no less than
51 Asian and European nations met in Brussels on Friday to talk about developing some measure of global stability.The day before in Brussels had been lost on yet another unresolved soap opera - Brexit, with no credible deal in sight.
The Asia-Europe Meeting (ASEM), established in 1996, lists 53 partners - 30 European nations, 21 Asian nations, the EU and the ASEAN Secretariat. Members, apart from the whole EU, include three BRICS nations (China, Russia, India), Japan, Australia and New Zealand - attesting to its importance.
Even though ASEM's decisions are not binding, the 12th summit could not have happened at a more crucial juncture, according to diplomats, in terms of the pressing need for some sanity in international law and relations.
Even with the EU focused on Brexit, the fallout of migration and Italy's open defiance of Brussels in raising its budget deficit; and Asia worried about inter-Korean dialogue, US bombers flying over the South China Sea ahead of an ASEAN summit, and the Rohingya crisis, they still managed to conduct meaningful discussions.
After all, Eurasia-wide trade
already tops trans-Pacific trade, and the gap will continue to grow.
They discussed connectivity and trade and investment, but also sustainable development policies, climate change, terrorism, nuclear non-proliferation, cyber-security and, last but not least, the theme that galvanizes right-wing populism: migration.
Arguably the key consensus point of the Asia-Europe entente cordiale is the need to preserve the WTO - for all its faults still hailed as the only rules-based mechanism capable of arbitrating the proliferation of trade wars.
In parallel, the EU is advancing business as usual, signing a free-trade agreement with Singapore and another one with Vietnam and finalizing the terms of a trade deal with Japan.
Comment: NYT - more of the same newsfusion of innuendo and unsupported accusations. A booster shot for public perception.