The Economic Research Institute for ASEAN and East Asia or ERIA is a policy think tank proposed by Japan
arising out of the East Asia Summit
, proposed at the Second EAS
and approved at the Third EAS
The ERIA has been described as an Asian OECD for the 16 nations of the East Asia Summit. Those 16 nations are:
The inaugural meeting of the ERIA was held on 3 June 2008 in Indonesia . Until its own administration is established the ERIA will be located with the ASEAN secretariat.
Comprehensive Economic Partnership in East-Asia
The ERIA is tasked with reviewing the proposed Comprehensive Economic Partnership in East-Asia or CEPEA, the Japanese proposed trade bloc involving the 16 nations of the East Asia Summit . It was decided at the Third EAS that the ERIA report on the Comprehensive Economic Partnership in East-Asia would be received at the Fourth EAS.