ASEM is a vital forum for dialogue between Europe and Asia. Asia-Europe Meeting (ASEM) is the main multilateral channel for communication and dialogue between Asia and Europe since 1996. As one of the four “coordinators” of ASEM, the European Commission underpins the process. ASEM involves virtually the whole of Asia and Europe. The 45 ASEM partners represent half of the world’s GDP, almost 60% of the world’s population and 60% of global trade.