ASEAN Oil cooking?
Nov. 23rd, 2007 by AlWith the closing of ASEAN summit, singapore PM lee highlighted the rising oil price concerns as this will impact the social fabric of the society with the lower income groups being the most vulnerable.
Indeed, many leaders in Asia pacific region are concerned about the rise in oil price in the recent months.With ASEAN integrated economically, this will have an adverse effects of the mass populace who are living in the poverty level that needs abundant and cheap energy to uplift their plights.
Singapore being the most successful economies in South East asia is a reflection of how high energy price will impact on our living costs bringing food and transportation up.A successful economy cannot resolve the problems that is dependable on oil imports for her energy needs.
Mynammar seems to be sore thumb in the human rights issues and I believe the Oil politics is an important factor that ASEAN cannot ignored in the medium and long term prosperity of the region.It’s really a difficult route to tread between human rights and economic progress,
ASEAN summit has got all their chefs ready for the new kitchen with all the food and spices ready, now where’s the cooking oil?
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