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Economic Research Institute for ASEAN and East Asia

Economic Research Institute for ASEAN and East Asian Eriia.jpg
Abbreviation ERIA (Economic Research Institute for ASEAN and East Asia)
Formation June 3rd, 2008
Type International Organization
Purpose Providing policy recommendations to EAS Leaders
Headquarters  Indonesia
Jakarta
Region served
East Asia Region
President
Nishimura Hidetoshi
Website www.eria.org

The Economic Research Institute for ASEAN and East Asia or ERIA is an international organization established in Jakarta, Indonesia in 2008 by a formal agreement among Leaders of 16 countries in the East Asian region to conduct research activities and make policy recommendations for further economic integration in the East Asia. ERIA works very closely with both the ASEAN Secretariat and 16 Research Institutes to undertake and disseminate policy research under the three pillars, namely “Deepening Economic Integration”, ”Narrowing Development Gaps”, and “Sustainable Development” and provide analytical policy recommendations to Leaders and Ministers at their regional meetings. ERIA provides intellectural contributions to East Asian Community building and serves as a Sherpa international organization. ERIA ranks 28th among the world's "Top 50 International Economic Policy Think Tanks" (1st in ASEAN) according to the 2012 Global Go To Think Tanks Index Report conducted by University of Pennsylvania.

ERIA was established by a formal agreement among Leaders of 16 countries in the East Asian at the 3rd East Asia Summit in Singapore on 21 November 2007. The inaugural ERIA Governor Board meeting was held at the ASEAN Secretariat in Jakarta, Indonesia, on 3 June 2008. A formal agreement was reached between Government of the Republic of Indonesia and the ASEAN Secretariat to recognize ERIA as an international organization on 30 December 2008. As for the preparation for the establishment of ERIA, IDE-JETRO has been appointed to undertake a role as the temporary secretariat of ERIA at ERIA Expert Meeting in manila, March 2007 towards its official establishment.

The inaugural meeting of the ERIA was held on 3 June 2008 in Indonesia.

In 2009 it was said that ERIA was working on a master plan for Asia. The plan aims to maximize industrialization through the development of much needed infrastructure.

ERIA's works are divided into 3 fields, doing research works, disseminating its works, and providing policy recommendations.

The ERIA is tasked with reviewing the proposed Comprehensive Economic Partnership for East Asia or CEPEA, the Japanese proposed trade bloc involving the 16 nations of the East Asia Summit. It was decided at the Third East Asia Summit that the ERIA report on the Comprehensive Economic Partnership in East-Asia would be received at the Fourth East Asia Summit. The Fourth EAS was delayed for almost a year by reason of difficulties in the host nation Thailand.


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