"Asian leaders discussed plans at a major summit Saturday to "lead the world" by forming an EU-style community, while urging action from pariah states North Korea and Myanmar.

The premiers of regional giants China and India also sought to foster unity on the sidelines of the regional summit in Thailand after months of trading barbs over long-standing territorial issues.

Japanese Prime Minister Yukio Hatoyama's proposal for an East Asian community that could take a leading role in global efforts to recover from the economic crisis took centre stage on Saturday.

"It would be meaningful for us to have the aspiration that East Asia is going to lead the world and with the various countries with different regimes cooperating with each other towards that perspective," Hatoyama, who took office last month, told the Bangkok Post newspaper.

The community would involve the 10-member Association of Southeast Asian Nations (ASEAN) with regional partners China, Japan, South Korea, India, Australia and New Zealand, Japanese officials have said."

What do you think guys? Are we ready for this? Can this be solved every nations problem?Can everyone be benefited or only one nation can gained from this unification?

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