Carr told the European Parliament that "Europe and Australia share a common set of values." Picture: AP Source: AP
THE US would remain the key global power into the future, despite the rise of China, and would be crucial to maintaining world peace, Foreign Minister Bob Carr has told leaders in an address to the European Parliament.
But Australia would also play a key role in bridging the economic and strategic gap between European powers and Asian nations.
In Brussels to address the European Parliament ahead of high level meetings with NATO, Mr Carr said that the rise of Asia was not a threat and would not come at the expense of Europe.
And he urged Europe and Australia to also forge closer ties to promote democratic values though the fastest growing region in the world.
But he also said the US would have to keep playing a key role in providing stability to the region.
"We believe the United States will continue to be the preeminent global power for the foreseeable future, with a unique combination of strengths," Mr Carr said.
"The US has been and will remain the most significant factor in maintaining regional peace and security since the Second World War. It is a presence that it is welcomed in the region.
"Asia's rise is not a zero sum game. It does not come at the expense of the North Atlantic, of Europe or the United States."
Offering a more conciliatory tone, following accusations that Prime Minister Julia Gillard had last year been seen to lecture Europe on the state of its economies, Mr Carr said Europe would have a vital role to play in the "Asian Century."
"True, Europe is going through a prolonged downturn - one that is marked by high unemployment, bitterly hard fiscal challenges, national pain and social division," he said.
"But Australia, for its part, is assured that Europe will answer these questions through the reforms required to restore confidence in its long term future."
He also urged European leaders not to view the global economic shift to Asia as just about China and said Europe would play a key role in promoting democratic institutions throughout the region as Asian economies grew, and with then demands for social change.
"For Europe and Australia, Asia's rise means something else very important, the arrival of a new field of co-operation.
"Europe and Australia share a common set of values," he told the European Parliament.
"We have a common interest in Asia's continuing development and in being constructive partners for Asian challenges."
Mr Carr said Australia was already deeply engaged in Asia and believed it could by a key driver of bringing Europe closer to the region, both economically and strategically.