An East Asian Community would ideally seek the goals of preventing conflict and promoting peace among the nations of East Asia, achieve closer economic cooperation in areas such as trade, investment, finance, and development, and advance human security. This community would be guided by respect for internationally accepted principles and norms including mutual respect for international law. Moreover, the community would avoid duplication of the work of other regional frameworks and...
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...ning to its neighbors.
Undoubtedly, the time to vigorously pursue a multilateral framework such as an East Asian Community could not be more opportune. Such a community would be vital in promoting peace and managing East Asia’s historic rise in the global arena. Increasing interdependence of the region’s economies and the abundance of transnational challenges present the region with the opportunity and necessity to work together through a multilateral framework. While there are obvious obstacles that need to be overcome and structural issues to be worked out they are by no means restrictive in the formation of such a community as long as East Asian regionalism is led by issues. It is time for the East Asian Community to produce an institutional response that will provide necessary security assurances, monitor compliance, and facilitate a more prosperous region.
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