ASEM 2, London 1998
The second ASEM Summit took place in London on 3 and 4 April 1998. The Summit built on the conclusions adopted at the previous summit and took forward cooperation on the identified major themes.
The Summit reinforced partnership among the participating leaders as they decided to take joint action to overcome the problems brought about by the economic and financial crisis in Asia.
The ASEM 2 Summit adopted an Asia-Europe Cooperation Framework (AECF) to guide, focus and coordinate ASEM activities in the political dialogue, the economic and financial fields and other areas. It also commissioned an Asia-Europe vision group to develop a medium to long-term vision to help guide the ASEM process into the 21st century.
