ASEAN

ASEAN

Association of Southeast Asian Nations

Founded1967
HeadquartersJakarta , Indonesia
What is it ?Established through the ‘Bangkok Declaration’To accelerate the economic growth, social progress and cultural development in the regionTo promote regional peace and stabilityASEAN Motto – “One Vision, One Identity, One   Community”2015  ASEAN COMMUNITY –  to move South-East Asia towards a globally competitive single market and production base, with a free flow of goods, services, labour, investments and capital across the 10 member states.Has Flag,MottoThe ‘ASEAN Way’ refers to a methodology or approach to solving issues that respects the cultural norms of Southeast Asia
MembershipFounding Members(MIST-P):Malaysia, Singapore, Thailand, Philippines, IndonesiaNew Members(CMLV-B):Brunei, Vietnam, Laos, Myanmar, Cambodia(latest member)
IndiaNot a memberHas Free Trade Agreement in Goods(2010), Services(2014) , Investment(2014)ASEAN heads were Chief Guests at Republic Day ParadeTrade : $70billion
Summits1st Summit –   Bali, Indonesia in 1976.36th Summit – Vietnam in 2020