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To: Yaacov who wrote (24503)	10/11/1999 12:26:00 AM
From: puborectalis	Respond to of 27012

O.T./......more good news for the global economy...Asian crisis may be over, nations say By Reuters Special to CNET News.com October 10, 1999, 7:30 p.m. PT BERLIN--Economy ministers from 25 European and Asian nations this weekend welcomed signs that the Asian economic crisis is over and urged more cooperation in international trade and investment. The ministers also urged finding common ground between the two regions in the forthcoming round of global trade negotiations, according to an early draft of a communique to be issued during weekend ministerial talks of the Asia-Europe Meeting (ASEM). But officials said yesterday that there was still a considerable way to go before reaching total agreement on the communique, part of which will lay out areas of consensus ahead of the global trade talks set to start next month in Seattle. Still disputed was the wording on anti-dumping measures and trade subsidies, environmental issues relating to trade and the controversial issue of international labor standards, officials said, referring to the draft. The two-day ASEM meeting, attended by about 500 delegates from ten Asian nations and the 15 European Union members, is expected to close gaps between the two regions before the World Trade Organization conference in Seattle. The draft communique also said ministers had agreed that concerns of developing nations should be taken fully into account at the WTO conference, including granting duty free access to "essentially all products" produced in poorer nations. ASEM's Asian members are Japan, China, South Korea, Brunei, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.