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ASEAN energy ministers OK pact assuring region’s oil supply

 
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Author ASEAN energy ministers OK pact assuring region’s oil supply
tungsteng
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PostPosted: Mon Aug 11, 2008 9:02 am    Post subject: ASEAN energy ministers OK pact assuring region’s oil supply Reply with quote
Energy ministers of the Association of Southeast Asian Nations member states have approved a draft of the ASEAN Petroleum Security Agreement (APSA), which would assure the region of an oil supply in the event of a shortage...

Full story: http://www.vnbusinessnews.com/2008/08/asean-energy-ministers-ok-pact-assuring.html
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rffrydr
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PostPosted: Sat Apr 17, 2010 4:36 pm    Post subject: Reply with quote
No closer now than then. You'd think crude might do it--but then there's that 800lb panda in the room:

http://www.economist.com/world/asia/displaystory.cfm?story_id=15452622

Quote:
....Those indulging in such projections insist they are hard-nosed realists: no United States of Asia for them. They know no Asian precedent exists for greater integration. The spreading religions—Buddhism, Hinduism and Islam—that once brought Asians closer to each other no longer bind. Asian commerce, for much of history, has formed no dense fabric but rather thin ribbons strung out along the Silk Road and along Asian coasts and island chains. Even today Asia’s phenomenal growth is mainly a littoral story.

The spread of prosperity into the hinterlands, through flows in trade and investment, underpin the dream of integration. Yet even here, the projectors concede the weakness of regionalism’s institutions. xxx nation-states are loth to cede sovereignty to any regional body. The flip side of Asia’s famous taste for consensus is an allergy to enforceable rules and obligations. The EU has a body of such rules with a fancy French name. In Asia, try saying “acquis communautaire” with a straight face......

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rffrydr
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PostPosted: Tue Aug 19, 2008 7:49 am    Post subject: Reply with quote
I hope it works out better than with Rice. ASEAN has never really worked: too much animosity under that umbrella.
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