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Concept
ASEAN
Summary
ASEAN, officially an abbreviation of the Association of Southeast Asian Nations, is a political and economic union of 10 member states in Southeast Asia. It has a population of over 600 million and covers an area of . ASEAN generated a purchasing power parity (PPP) gross domestic product (GDP) of around trillion in 2022, constituting approximately 6.5% of global GDP (PPP).
ASEAN's primary objectives are:
to accelerate economic growth, social progress and cultural development in the region; and
to promote regional peace and stability through abiding respect for justice and the rule of law in the relationship among countries in the region and adherence to the principles of the United Nations Charter.
With some of the fastest growing economies in the world, ASEAN has broadened its objectives beyond the economic and social spheres. In 2003, ASEAN moved along the path similar to the European Union (EU) by agreeing to establish an ASEAN community that consists of three pillars: the ASEAN Security Community, the ASEAN Economic Community, and the ASEAN Socio-Cultural Community. The ten stalks of rice in the ASEAN flag and insignia represents the ten Southeast Asian countries bound together in solidarity.
ASEAN regularly engages other countries in the Asia-Pacific and beyond. A major partner of the UN, SCO, PA, GCC, MERCOSUR, CELAC, and ECO, ASEAN maintains a global network of alliances and dialogue partners and is considered by many to be a global powerhouse, the central forum for cooperation in Asia-Pacific. It is involved in numerous international affairs, and hosts diplomatic missions throughout the world. Its success has become the driving force of some of the largest trade blocs in history, including APEC and RCEP.
ASEAN Declaration and ASEAN Charter
ASEAN was preceded by an organization formed on 31 July 1961 called the Association of Southeast Asia (ASA), a group consisting of Thailand, the Philippines, and the Federation of Malaya.
Official source
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