ASEAN

ESTABLISHMENT y ASEAN was established on 8 August 1967 in Bangkok,

Thailand.

y The founding fathers of ASEAN are Indonesia,

Malaysia, Philippines, Singapore and Thailand.

y Establishment is based on the Declaration of the

Association of Southeast Asian Nations i.e. Bangkok Declaration.

MEMBERS JOINED ONDATES 8 Jan 1984 28 July 1995 23 July 1997 30 Apr 1999 COUNTRIES Brunei and Darussalam Vietnam Laos and Myanmar Cambodia

MEMBERS-

OBJECTIVESy Accelerating the economic growth, social progress and

cultural development in the region.

y Promoting political and economic stability in the

region.
y Resolving various issues in the region.

FUNDAMENTAL PRINCIPLES
y

Mutual respect for the independence, sovereignty, equality, territorial integrity, and national identity of all nations; The right of every State to lead its national existence free from external interference, subversion. Non-interference in the internal affairs of one another;

Cont .
y Settlement of differences or disputes by peaceful

manner;
y Renunciation of the threat or use of force; y Effective cooperation among themselves.

y The Asean Secretariat: y The ASEAN Secretariat was set up in February 1976 by the

Foreign Ministers of ASEAN.

y It is housed in Jakarta (Indonesia). y The ASEAN Secretariat s basic function is to provide for

greater efficiency in the coordination of ASEAN organs.

y It also helps in effective implementation of ASEAN projects

and activities.
y The ASEAN Secretariat s mission is to initiate, facilitate and

coordinate ASEAN stakeholder s collaboration in realizing the purposes and principles of ASEAN as reflected in the ASEAN Charter.

y The major Functions of the ASEAN are carried out by the

following three councils:

y ASEAN Political-Security Community. y ASEAN Economic Community. y ASEAN Socio-Cultural Community.

y ASEAN Political-Security Community y The APSC ensures that countries in the region live at peace

with one another and with the world in a democratic and harmonious environment.
y The members of the Community rely on peaceful processes

in the settlement of intra-regional differences and regard their security linked to one another and bound by common vision and objectives.

y ASEAN Economic Community y AEC envisages the following key characteristics:

(a) A single market and production base. (b) A highly competitive economic region. (c) A region of equitable economic development. (d) A region fully integrated into the global economy.

y ASEAN Socio-Cultural Community y The ASEAN Socio-Cultural Community aims to contribute to

realizing an ASEAN Community that is people-oriented and socially responsible

y It seeks to forge a common identity and is focused on

nurturing the human, cultural and natural resources for sustained development in a harmonious and peopleoriented ASEAN.

y Trade Between Asean Countries: y Trade among ASEAN countries has grown from US $ 44.2

billion in 1993 to US $ 154.4 billion in 2008, representing an average increase of 33.2%.

y Before the financial and economic crisis struck in mid

2008, intra-ASEAN exports had been increasing by 29.6%.

y But the advent of the financial and economic crisis has

adversely affected intra-regional trade more than trade with the rest of the world.
y Intra-ASEAN trade contracted by 15.9% in 2008 compared

to the 5.8% reduction in total ASEAN exports.

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