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WHAT IS ASEAN?

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‡ The Association of
Southeast Asian Nations
‡ A regionally-based
international organisation
with ten members.
‡ Created in 1967 with five
members: Thailand,
Singapore, Malaysia,
Indonesia and the
Philippines

‡ Brunei joined in 1984, Vietnam in


1995, Laos and Myanmar (Burma) in
1997 and Cambodia in 1999.
‡ Total population of 567million
people.
ASEAN MEMBER COUNTRIES
› 

‡ To accelerate economic ‡ Promote regional


growth, social progress peace and stability
and cultural through abiding
development in the respect for justice and
region and the rule of law in the
relationship among
countries in the region
and adherence to the
principles of the United
Nations Charter.
FUNDAMNAL PRNPL
‡ Mutual respect for the
independence, sovereignty,
equality, territorial integrity,
and national identity of all
nations;
‡ Non-interference in the
‡ The right of every State to lead
internal affairs of one
its national existence free from
another;
external interference,
subversion or coercion; ‡ Settlement of differences
or disputes by peaceful
manner;
‡ Renunciation of the
threat or use of force;
and
‡ Effective cooperation
among themselves.

 


‡ ASEAN also focused on


economics in addition to
security issues.
‡ most of Southeast Asia
has been growing
economically at quite a
rapid pace

‡ greatly increased export industry


‡ successful in reducing the level of
tariffs operating

 


‡ The 2020
ASEAN
Vision to be a
single market
‡ Easier movement
of capital and
promotion of
investment.
‡ Free movement of goods and services
‡ Various attempts have been made to create
sub-regional integration or co-operation
areas within Southeast Asia
ASSEAN + 3
O      

‡ Aimed at
promoting
security,
economic and
transboundary
concerns
‡ Create an East
Asian Free Trade
Zone in long
term vision
Framework of Emerging East Asian
Regionalization (November, 2004)
ASEAN ³10 Nations 1 market´
‡ ASEAN Aims for ‡ ³Southeast Asia must never remain
Single Market by static, for anything static is as good
as dead´
2015 ($ # 
(       !" 
# 

‡ ASEAN combined GDP is US$ 1.064


trillion, two-way trade of more than that
US$ 1.05 trillion, the world¶s third largest
trading bloc after EU
‡ ³ASEAN is moving gradually but
progressively towards a shared future!´
_     
‡ and NAFTA.
ASEAN ³10 Nations 1 market´
‡ 56 million tourists came to ‡ Medical tourism is attracting
ASEAN in 2006, 8 % over more than 1.3 million tourists a
2005, with countries like year (Thailand). A medical
Cambodia, Lao PDR and tourist spends an average of
Thailand posting double- US$362 a day vis-à-vis the
digit growth. average traveler's spending of
US$144 only.
  


   
A  AAN (1992-2005)
ASEAN (cont.)
³10 Nations 1 market´
‡ China and ASEAN
FTA before 2010 will
boost the region
to1.7 billion
consumers, about
US$ 1.8 trillion in
GDP, and US$ 1.2 ‡ Japan¶s FDI in non-
trillion in trade manufacturing industries
volume. such as transport,
electrical goods and
electronics, food and
chemicals in ASEAN was
40% higher than Japan¶s
FDI in China.
ASEAN (cont.)
³10 Nations 1 market´

‡Singapore was ‡ Vietnam ‡ Brunei


the 4th largest recorded GPD Darussalam¶s GDP
destination for growth of per capital is US$
8.2%, the
EU FDI in 2003, world¶s highest 30,928.8; A little bit
after Russia and after China. lower is Singapore
ahead of China. with US$ 29,499.6
GDP per capital.
‡M#  
 #      
  
## % &# #
INVESTMENT IN ASEAN
FDI INTO ASEAN
ASEAN - US
‡ ASEAN hosts
approximately
US$88 billion in
U.S. direct
investment,
‡ Is the third largest
overseas market
for U.S. exports
‡ Two-way ASEAN-
U.S. trade totaled
US$127 billion in
2003.
ASEAN - JAPAN
‡ Japan is the largest
trading partner along
with the US (2001:
USA21.0%, Japan
20.2%).
‡ ASEAN is the second
largest trading
partner following the
US (2002: US 23.4%,
ASEAN 14.2% (JPY
13.4 trillion)).
Foreign Direct Investment in
ASEAN
by Country and Area (1995-2001)

Source: Ministry of Foreign Affairs


(MOFA), Japan (2003). (Note: The
ASEAN member countries are
excluded).
ASEAN - EU
‡ In 2002, EU-ASEAN trade
represented 5.1% of total world
trade
‡ 16% of ASEAN exports are
destined for the EU, which makes
it ASEAN¶s 2nd
‡ largest export market after the US

‡ After EU enlargement, ASEAN will


be the EU¶s 3rd largest trading
partner. In 2005, the EU was
ASEAN¶s second largest export
market and the third largest
trading partner after the United
States and Japan which account
for 14% of its trade. EU exports to
ASEAN were estimated at 45
billion ¼, while EU imports from
ASEAN were valued at 71 billion
¼.
|  M'M   # 
&##(%  
# #   
 )   # %  
  " & %  
   )  # 
   %   *
    %# %
+#
,

  A

Secretary-General of the United


Nations
16 February 2000
³FORGET
THE WORLD,
THINK ASEANl

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