The need to insulate Asian economies from overexposure to the American economy 

Angry reaction among Asian countries owing to America's protectionist policy 

The aim of empowering the poorer Asian economies and bring them on par with Western economies 

The desire to achieve conditions conducive to global consensus on trade regulations and tariff 

"Widespread panic in Europe and Asia as Asian economies are yet to recover from the recession" has given rise to the large number of trade agreements between Asian countries