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Glossary: ASEAN

Photo: ASEAN
ASEAN
Photo: ASEAN
ASEAN

Acronym in full: The Association of Southeast Asian Nations

The Association of Southeast Asian Nations (ASEAN) was established in 1967 with the signing of the ASEAN Declaration (Bangkok Declaration) by Indonesia, Malaysia, Philippines, Singapore and Thailand. Brunei Darussalam then joined in 1984, followed by Vietnam, Lao PDR, Myanmar and Cambodia subsequently, making up what is today the ten Member States of ASEAN. The aims and purposes of ASEAN are mainly to promote economic growth, social progress and cultural development in the region though collaboration and mutual assistance, with a goal to establish an ASEAN Economic Community (AEC) by 2015.

Related region: Asia

Related section: ASEAN

Related resource: ASEAN official website

Related terms: AEC, CAFTA, Rmb trade settlement, RCEP

 

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