Source: News Bharati English14 Jul 2016 20:42:41

Ulaanbaatar, July 14: Vice- President Hamid Ansari arrived in Mangolia with a delegation team on Thursday to lead 11th Asia-Europe Meeting (ASEM) summit. During his arrival, Ansari was received by Mongolian Head of Presidential Administration P. Tsagaan at Chinggis Khan International Airport in Ulaanbaatar. The summit which will begin at Mongolia’s capital Ulaanbaatar from tomorrow has the theme “20 Years of ASEM: Partnership for the Future through Connectivity”.

The two-day Summit will be held in Ulaanbaatar, capital of Mongolia from Friday and the theme for the meeting is “20 Years of ASEM: Partnership for the Future through Connectivity”. Respective heads of many countries are expected to attend the meeting.

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Chinese Premier Li Keqiang, Bangladesh Prime Minister Sheikh Hasina, Prime Minister of Singapore Lee Hsien Loong, Vietnam Prime Minister Nguyen Xuan Phuc, President of the European Council Donald Tusk, President of the European Commission Jean-Claude Juncker, and High Representative of the Union for Foreign Affairs and Security Policy Federica Mogherini are expected to attend the summit.

The summit is schedule weeks after Britain voted for the historical decision of leaving the European Union. After the declaration of the Brexit, the pound fell to its lowest level since 1985 and David Cameron resigned as the Prime Minister of Britain. The Brexit victory sent economic shockwaves through global markets and UK stocks had their worst drop since the financial crisis. The summit also comes after a historical verdict given by UN-backed Tribunalt hat struck down China’s claims of ‘historical rights’ in the strategic South China Sea.

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% of the world's trade. It is a unique platform that serves to bridge the two continents of Asia and Europe for constructive partnership and exchange, under the three key pillars of political dialogue, economic collaboration and socio-cultural exchanges.

The 11th ASEM Summit assumes special importance in view of the fact, that 2016 marks the 20th anniversary of the dialogue forum. India joined ASEM in January 2007 and has taken part in four earlier summits. This year is unique for ASEM as it celebrates 20 years of its establishment.

India's efforts would be inclined towards more successful outcomes and the building of a resilient and multidimensional web of interconnectivity between the two continents. Vice President will also hold bilateral meetings with a few other participating leaders, on the sidelines of the Summit.

Furthermore, as this Summit is the first ever international event of such stature that Mongolia is hosting, the participation of Vice President signifies the importance that India attaches to its strategic partnership with Mongolia. Secretary of Ministry of External Affairs Preeti Saran said that India is keen for more successful outcome of the Summit through building the resilient and multidimensional interconnectivity between Asia and Europe.

 “20th anniversary of the ASEM is a fitting opportunity to reflect both on its past, present and future as well as on the evolving connectivity between Asia and Europe, the world’s two ancient cradles of civilisations that have contributed greatly to humanity’s development and prosperity”, said Mongolian Prime Minister Chimed Saikhanbileg.