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The Economic Board of Casa Asia holds its Annual Meeting and establishes its Roadmap for 2014

The Economic Board of Casa Asia holds its Annual Meeting and establishes its Roadmap for 2014

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Last Monday 25th of November the annual meeting of the Economic Board of Casa Asia was held. This Board, which is made up of thirty representatives of the business sector and institutions that boost economic relations between Asia and Spain, aims to establish the future lines of action of economic programmes organised by the institution.

This edition counted on the presence of Dr. Naomi Chakwin, maximum representative in Europe of Asian Development Bank (ADB),- the main Asian multilateral financial institution-, who made an introductory analysis of economic perspectives for the region of Asia and the Pacific and cooperation possibilities for Spanish companies. Chakwin gave economic data on the Asian Development Outlook (ADO) 2013, the main international reference on Asian macroeconomics. According to this study, growth in Asia-Pacific is table and will reach 6.6% in 2013 to then get to 6.7% in 2014. According to Chakwin this growth in the region of Asia-Pacific seems slower than expected because dominant regional economies except for China are also growing more moderately.

Regarding the two giants, Chakwin stated that growth in the People's Republic of China (8.2% in 2013) follows a different rhythm thanks to strong consumption and investment; India has the potential to achieve 6% in 2013 and 6.5% in 2014, but for that they will have to create a more favourable investment context; while Southeast Asia (5.3% in 2013) is profiting from a robust domestic demand and greater trade with their neighbours of the region.

After her presentation, the Director General of Casa Asia, Ramón Mª Moreno made a short evaluation of the current situation of Casa Asia and discussed the most relevant programmes carried out by the institution, such as the three Tribunes organised with Korea, the Philippines and India, the International Congress on Asian Tourism or other activities devoted to sectors such as infrastructures or renewable energies. Moreover, he highlighted that activities addressed to the promotion of economic diplomacy are one of the priorities and have their reflection in Casa Asia's programmes. Next, the Economic and Business Director, Amadeo Jensana, presented the general lines of the economic programme of 2014.

Among the representatives of institutions and companies that took part in this edition, as well as institutions that make up the Consortium (Ministry of Foreign Affairs and Cooperation, Generalitat de Cataluña and Barcelona and Madrid City Councils), highlighted the participation of representatives of ICEX, Port Authority of Barcelona, Valencia City Council, CIDOB Foundation or University of Barcelona. We stand out the business section with representatives of CaixaBank, Técnicas Reunidas, Meliá Hotels International, Roca Junyent, Cuatrecasas, Garrigues, Pangeoa XXI, Value Retail and Borges.

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