ASEM comprises of 53 entities – 51 countries from Asia and Europe and two regional bodies – the European Union and the ASEAN Secretariat.
It represents around 62.3 % of the world’s population, 57.2 % of the global GDP and almost 60 per cent of the world’s trade.
The 11th Asia-Europe Meeting Summit July 15-16,2016 commenced in the Mongolian capital Ulan Bator on Friday July 15,2016 with top leaders from 49 nations, including India, observing a minute of silence following the deadly truck attack in the French city of Nice that killed over 80 people.
This year’s summit is bringing together high-level delegation from 51 ASEM partners — 30 European and 21 Asian countries – and two intergovernmental organizations—under an overall theme of “20 Years of ASEM: Partnership for the Future through Connectivity”.
Presidents of Bulgaria, Croatia, Cyprus, the Czech Republic, Latvia, Myanmar, South Korea, and Switzerland are attending the summit.
23 countries, including Japan, China, Finland, Luxembourg, Russia and the Netherlands, are attending the summit on a head-of-government level, whereas the remaining 16 country attendees are foreign ministers.
Additionally, the European Union is represented by Donald Tusk, the President of the European Council, and the Association of Southeast Asian Nations by Le Luong Minh, Secretary General of ASEAN.
The summit was opened by Mongolian President Tsakhiagiin Elbegdorj who extended his welcome to the leaders.
“The people and the state of Mongolia have been placing a paramount importance on the ASEM Summit, which is currently on the global spotlight,” said President Elbegdorj.
“Indeed, the political leaders of ASEM partners, who make two-thirds of the global economy, have gathered here in our Ulaanbaatar city today,” he noted
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