Mon, Jul 07, 2003 - Page 10 News List

ASEM ministers emphasize optimism

ROSY VIEW Asian and European finance officials meeting in Indonesia believe that the world's economy will soon recover, having weathered war, terrorism and disease

AFP , NUSA DUA, INDONESIA

Senior officials from the European Commission, International Monetary Fund, World Bank, Asian Development Bank and European Central Bank also attended the talks.

According to EU figures, Asia accounts for 21 percent of the EU's external exports and is its third-largest regional trading partner. The EU as a whole accounts for 30 percent of total aid flows to developing Asia.

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