Advance Asia 50 Summit Objectives

What critical role can our Australian diaspora in Asia play in achieving common goals of sustainability, prosperity and security for the wider region?

“Dealing with the challenges of a more integrated world means understanding both the limitations of the state and the limitations of markets – and embracing cooperative solutions to global challenges.”

Prime Minister Hon Kevin Rudd, The Singapore Lecture, Building on ASEAN’s Success – Towards an Asia Pacific Century, 12 August 2008

By 2020 it is estimated that Asia will account for 45% of global GDP, one third of global trade, nearly a quarter of global military spending, and more than half of the increase in global energy consumption. Additionally it is estimated there will be a regional population growth to 4.6 billion out of a total global population of 7.7 billion, as well as a significant increase in talent migration.

The Australian diaspora in Asia has a unique opportunity to open channels between countries, and develop partnerships that are based on the sharing and exchange of ideas and best practice. By identifying leaders in their fields, the aim of the Advance Asia 50 Summit was to bring together leading Australians and alumni in Asia in recognition of their experience and expertise, creating a resource of leaders who will aid diplomatic, cultural and trade objectives in the region, enabling them to advance both Australia’s and the broader region’s mutual interests.

Following on from the success of the Advance Global 100 Australians Summit held at the Sydney Opera House in 2006 and the recent opening of Advance’s first Asian office based in Hong Kong, the Advance Asia 50 Summit was a historic occasion and a milestone in Australian public advocacy. Premised on the continuing belief that Australia’s future depends on our ability to engage constructively and effectively with the countries of Asia, in all their diversity, the Advance Asia 50 Summit created a platform to develop and form new partnerships, receive briefings from experts in select disciplines and disseminate information on global issues affecting our region – particularly the economic crisis.