East Asia Economic Caucus

East Asia Economic Caucus (EAEC) in relation with International Trade

In the context of trade organizations, Christopher Mark (1993) provided the following definition of East Asia Economic Caucus (EAEC): A Malaysian-proposed consultative group, including the ASEAN members, China, Hong Kong, Japan, South Korea, Taiwan, and Vietnam, intended to serve as a forum for coordinating positions in trade relations and negotiations with countries outside the region. Apart from Malaysia, the interest of other East Asian countries in EAEC is unclear; ASEAN foreign ministers decided in July 1993 that the caucus could be a sub-group within APEC, but stopped short of formally endorsing EAEC.