ACD meaning in oil and gas

ACD means Asia Cooperation Dialogue. The ACD currently comprises 22 countries from East to West Asia, and is the first forum ever that aims to eventually encompass all countries in Asia. <p> <p> The main objectives of…

Definition

Asia Cooperation Dialogue

The ACD currently comprises 22 countries from East to West Asia, and is the first forum ever that aims to eventually encompass all countries in Asia. <p> <p> The main objectives of the ACD are as follow:<p> 1) To promote interdependence among Asian countries in all areas of cooperation by identifying Asia's common strengths and opportunities which will help reduce poverty and improve the quality of life for Asian people, whilst developing a knowledge-based society within Asia and enhancing community and people empowerment;<p> 2) To expand the trade and financial market within Asia and increase bargaining power of Asian countries in lieu of competition, and in turn enhance Asia's economic competitiveness in the global market; <p> 3) To serve as the missing link of Asia by building upon Asia's potentials and strengths through supplementing and complementing existing cooperative frameworks, so as to become a viable partner for other regions;<p> 4) To ultimately transform the Asian continent into an Asian community, capable of interacting with the rest of the world on a more equal footing and contributing more positively towards mutual peace and prosperity.<p> <p> Member countries are:<p> Bahrain | Bangladesh | Brunei | Cambodia | China | India | Indonesia | Japan | Kazakhstan | Republic of Korea | Kuwait | Lao PDR | Malaysia | Myanmar | Oman | Pakistan | Philippines | Qatar | Singapore | Sri Lanka | Thailand | Viet Nam<p>

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