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STRATFOR's
Global Intelligence Update
April 1, 1999

Europe Slides Toward Stronger Role in Asia

Summary:

As the United States continues to push for concessions from China
during negotiations on its entry into the World Trade
Organization (WTO), the European Union has revealed an interest
in holding separate negotiations with China. The EU has also said
it is moving toward a consensus to support Thai Foreign Minister
Supachai Panitchpakdi in his bid to be the next WTO chief. Along
with these initiatives, there are other signs of a growing move
by the Europe to take a stronger position in Asia.

Analysis:

An anonymous European Union official has reportedly suggested
that the EU is interested in holding separate talks with China
over its bid to become a member of the World Trade Organization
(WTO). The official was quoted as saying, "We welcome any
progress but we have also made it known that no one party to the
talks can determine the outcome on its own." There appears to be
a growing dissatisfaction in Europe with the style and speed of
talks between the United States and China.

In addition to the proposed direct negotiations of the EU with
China, the EU has been making other moves to shore up its
relations with Asia. In the race for the new chief of the WTO
between Thai Foreign Minister Supachai Panitchpakdi and former
New Zealand Prime Minister Michael Moore, the EU has said it is
leaning toward backing Supachai. Following the Asia-EU (ASEM)
foreign ministers meeting in Berlin on March 29, German Deputy
Foreign Minister Ludger Volmer said, "We are happy to announce
that there is clear support becoming apparent for Supachai
Panitchpakdi."

The U.S., however, has said it is backing Moore for the position,
due to his labor union background. This is causing friction with
Thailand, which has warned the U.S. not to neglect it, or a "new
chapter" in relations will be opened. Thai Deputy Foreign
Minister Sukhumband Paribatr said, "We'll see if the U.S. will
hurt our feelings for a second time. Thais still remember well
how the U.S. hurt our feelings by neglecting us during the
economic crisis." The swing vote in Europe, according to some,
will be France, which previously supported the Moroccan candidate
who dropped out of the race. Following the ASEM meeting, French
Deputy Minister for Development and Cooperation Charles Josselin
said, in response to Europe's apparent backing of Supachai, "I
can see that a consensus is emerging in favor of Supachai. France
will not oppose it."

Along with gaining a stronger EU backing for Supachai at the ASEM
meeting, Asia also received positive signs of increased
cooperation between the two regions, even in the area of human
rights, a sensitive issue that has clouded relations between
Europe and Asia. Volmer said, "There are not just human rights
problems in Asia but also in Europe. With the situation in
Kosovo, we in Europe cannot just point our finger at Asia."

The increased attention Europe is paying to Asia is the result of
several factors. Prior to the financial crisis, Asia was
effectively an instrument of production, working loosely within
U.S. and Japanese guidance. When the economies of Asia crashed,
there was a leadership vacuum that the U.S. and Japan attempted
unsuccessfully to fill.

There are several reasons for their inability to take on this
role. The United States is faced with crises in the former-
Yugoslavia and in Iraq. In Asia, it has been steadily moving to
diffuse any possible hotspots to avoid a third front. The U.S.
answer to the Asian crisis was the International Monetary Fund
and stiff austerity packages to bring Asian countries in line
with U.S. views. However, the U.S. was not willing to expend
extensive resources or attention to the region, hoping instead
that benign neglect would amount to passive leadership. For its
part, Japan remains too weak economically to lead Asia, despite
attempts to woo its neighbors with cash from its Miyazawa fund
and with other financial incentives.

This lack of attention on the part of the U.S. and lack of
strength on the part of Japan opened an opportunity for the EU
and Europe. Europe has a mature economy, with little opportunity
for rapid, booming growth. It also recently launched the Euro,
which has so far failed to become an international sensation.
With Asia in need of capital and lacking a leader, the EU is
exploiting the opportunity.  Despite differences between the EU
and the Association of South East Asian Nations (ASEAN) over the
role of Myanmar, Europe has been much less eager than the U.S. to
use human rights as a tool. This has played well in Asia. In
addition, the EU has suggested using the Euro as a way to
redefine the international financial system, another winning
proposal in Asia.

While the EU is feuding with the U.S. over bananas and other
trade issues, it is not necessarily hostility toward the U.S.
that is motivating Europe's moves into Asia. The opportunity has
presented itself, and Europe is looking to exploit it. It can be
expected that this European tendency toward Asia will continue to
grow, while the U.S. continues to shift its attention and
dissipate its resources rapidly around the world.

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