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•The Association of Southeast Asian
Nations is a regional organization
which was established to promote
political and social stability amid
rising tensions among the Asia-
Pacific’s post-colonial states.
ASEAN has the third-largest labor force in the world, behind China and India.
ASEAN is the fourth-largest exporting region in the world, trailing only the
European Union, North America, and China/Hong Kong accounting for 7% of
global exports.
Where does the Genesis of ASEAN Lie?
The AEC is the realization of the region’s end goal of economic integration. It envisions
ASEAN as a single market and product base, a highly competitive region, with equitable
economic development, and fully integrated into the global economy.
The ASEAN Socio Cultural Community is all about realizing the full potential of
ASEAN citizens.
What are the Fundamental Principles of ASEAN?
The Look East Policy of India was framed by the Narasimha Rao
government in the early nineties. It is a substantial manifestation of
India's focused foreign policy orientation towards an immensely
resourceful and flourishing region, i.e., South East Asia.
LEP was converted to the Act East Policy in 2014. it sought to deepen and
diversify the economic and related cooperation.
Why India Needs ASEAN?
•Significant Trade & Commercial Relations: ASEAN is a major destination for India’s
service sectors and a vital source of foreign investments.
•Development of North East India: ASEAN provides an alternate route for India’s access
to North Eastern India, facilitating development and strategic interests.
•Countering Chinese Expansion: Strengthening ties with ASEAN countries helps India
counter Chinese influence in the Indo-Pacific region.
•Maritime Freedom: Collaboration with ASEAN ensures a free and peaceful Indo-Pacific
region based on a rules-based order.
•Emerging Market: India benefits from ASEAN’s agricultural and industrial products,
while ASEAN relies on India’s demographic dividend.
•Global Reforms: ASEAN’s global influence aligns with India’s vision for reforms in
international forums.
•Diaspora: Southeast Asia’s significant Indian diaspora fosters cultural ties and people-
to-people relations.
•Elevating India’s Global Status: Partnership with ASEAN enhances India’s geopolitical
standing.
China has released
its new map in
August 2023 that
included its
contested claims
on the western
border with India,
the South China
Sea and Taiwan
•Regional imbalances in the economic and social status of its individual markets.
•Gap between rich and poor ASEAN member states remains very large and they
have a mixed record on income inequality.
• While Singapore boasts the highest GDP per capita—nearly $53,000 (2016),
Cambodia’s per capita GDP is the lowest at less than $1,300.
• Many regional initiatives were not able to be incorporated into national plans,
as the less developed countries faced resource constraints to implement the
regional commitments.
•ASEAN has been divided over major issues of human rights. For example,
crackdowns in Myanmar against the Rohingyas.
While India and ASEAN have made significant progress in their bilateral relationship,
there are still some issues and challenges that hinder their cooperation.
•Trade Imbalances: India's trade deficit with ASEAN has increased over the years.
This has led to concerns in India about the benefits of the ASEAN-India Free Trade
Agreement.
•Chinese presence: The existence of other regional powers like China limits the
ability of ASEAN to harness India’s potential for regional stability.