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Southeast Asia launches economic community

Japanese Prime Minister Shinzo Abe speaks at the Association of Southeast Asian Nations (ASEAN) Business and Investment Summit in Kuala Lumpur, Malaysia, Saturday, November 21, 2015.

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Washington was testing Beijing with its insistence on “freedom of navigation” in the strategic waterway, he said.

China and ASEAN have been engaged in stiff negotiations for the past few years over the Code of Conduct (CoC) – an instrument to help prevent military conflict in the South China Sea disputes involving the Philippines, Malaysia, Vietnam and Brunei, as well as China, with China claiming the most disputed areas.

China has been transforming reefs in the Spratly archipelago into artificial islands and has built airfields and other facililties on them.

Mr. Swaroop said the Prime Ministers of India and China reviewed the issues pertaining to global economic slowdown, climate change and the growing terrorism activities.

A few 4,500 soldiers were deployed or on standby to secure the summit, in addition to thousands of police who have fanned out around the Kuala Lumpur City Center.

Obama said on Saturday the Mali hotel attacks only stiffened the resolve of the United States and its allies, which would be relentless in fighting those targeting its citizens and would allow militants no safe haven.

“We will not allow these killers to have a safe haven”. Both leaders felt Asia would be more secure if India and China came together to counter terrorism.

Najib said he had meant to open the summit to talk about an economic community that Asean is launching this weekend in a region of 622 million people with a combined economic output of $2.5 trillion.

In one of its rare moves, UNSC said in its resolution on Friday evening, ISIS/ISIL “constituted an “unprecedented” threat to worldwide peace and security, calling upon Member States with the requisite capacity to take “all necessary measures” to prevent and suppress its terrorist acts on territory under its control in Syria and Iraq”.

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Asia-Pacific leaders will wrap up a week of diplomacy on trade and security issues that has been jolted by revulsion over the recent jihadist attacks.

Modi ASEAN