ASEAN Member Countries have adopted the following fundamental principles in their relationswith one another, as contained in the Treaty of Amity and Cooperation in Southeast Asia (TAC):
Mutual respect for the independence, sovereignty, equality, territorial integrity, andnational identity of all nations;
The right of every State to lead its national existence free from external interference,subversion or coercion;
Non-interference in the internal affairs of one another;
Settlement of differences or disputes by peaceful manner;
Renunciation of the threat or use of force; and
Effective cooperation among themselves.
Recent Economic Indicators2001200220032004GDP (US$bn) (current prices)571.3636.8717.4800.6GDP PPP (US$bn) 2,037.202,176.102,345.502,553.10GDP per capita (US$)1,0891,1931,3241,455GDP per capita PPP (US$) 3,8834,0784,3304,639Real GDP growth (% change YOY)220.127.116.11.6Current account balance (US$ mil.)33,25635,79252,59453,144Current account balance (% GDP)18.104.22.168.6Inflation (% change YOY)22.214.171.124
In 1997, the ASEAN leaders adopted the ASEAN Vision 2020, which called for ASEANpartnership in dynamic development aimed at creating closer economic integration within theregion. The vision statement also resolved to create a stable, prosperous and highly competitiveASEAN Economic Region, in which there is a free flow of goods, services, investments, capital,and equitable economic development and reduced poverty and socio-economic disparities. TheHanoi Plan of Action, adopted in 1998, serves as the first in a series of plans of action leading upto the realization of the ASEAN vision.
ASEAN Members Background Information:
For 2005 (In US$)