泛北论坛英汉翻译练习16 学号： 姓名： 班级： 评分： Put the following into Chinese: Towards Making China a Close Partner: CAFTA and the Pan-Beibu Gulf Economic Cooperation Initiative A Presentation to the 2nd Pan-Beibu Gulf Economic Cooperation Forum 26-27 July 2007 Nanning, China By Josef T. Yap, Mario C. Feranil and Mari-Len Reyes-Macasaquit1 A reconfiguration of the world economic order is unfolding. While a fair, equitable, and efficient global economic system is the ultimate goal, regionalism is proving to be the beacon that will get us there. The North American Free Trade Area (NAFTA) and the European Union (EU) are the pathfinders to this regional configuration, but the impending creation of an East Asian Community will prove to be the biggest bloc yet in terms of population and market size. Yet at this point, the process of establishing an East Asian Economic Community is still at its early stages. To achieve this goal, a number of issues, not all of them economic, will have to be resolved. Politically, this process is being pursued primarily via the ASEAN and the ASEAN + 3 initiative, which involves the ten member countries of the Association of Southeast Asian Nations and the powerhouse countries from the Northeast, Japan, China and Korea. Economic building blocks are meanwhile characterized by a multi-layered structure involving a myriad of efforts by different partnership arrangements: bilateral, trilateral or sub-regional. Whatever form they come, these cooperative arrangements are considered to play a catalytic role towards accelerating East Asian regionalism. Trends and Progress of Economic Integration in the East Asian Region East Asian economic integration and regional cooperation has bee...
