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Article: Asian economic integration will take at least 50 years to reach EU level: China official
- Article from:
- Xinhua News Agency
- Article date:
- April 6, 2007
CopyrightCopyright 2007 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Asian economic integration will take at least 50 years to reach EU
level: China official
BEIJING, April 6 (Xinhua) -- Long Yongtu, secretary-general of the
Boao Forum for Asia, said Friday that Asia will take at least 50
years to reach the current economic integration level of the European
Union (EU).
"Globalization is accelerating the pace of economic integration,
but Asian countries still need at least 50 years to reach the EU
level due to huge differences in history, culture and values, and
particularly in levels of economic development," he told a press
conference in Beijing.
Long, China's former chief WTO negotiator, said economic
integration is marked by unified tariff, financial ...