Economics- Asean

 Essay on Economics- Asean

History of ASEAN:

ASEAN was originally formed out of your organization named the Association of Southeast Asia (ASA), an connections consisting of the Philippines, Malaysia, and Thailand that created in 1961. Consequently, ASA is considered the predecessor to ASEAN.

The Association of Southeast Asian Nations (ASEAN) is a political and economic organization of countries located in Southeast Asia. ASEAN was formed about August almost 8, 1967 by Philippines, Malaysia, Thailand, Philippines, Singapore, being a display of solidarity against Communist expansion in Vietnam and insurgency within their personal borders.

ASEAN itself was established on Aug 8, 1967, when overseas ministers of 5 countries— Dalam negri, Malaysia, the Philippines, Singapore, and Asia met on the Thai Section of Overseas Affairs building in Bangkok and signed the ASEAN Declaration (also known as the Bangkok Declaration). The five overseas ministers, considered as the organization's Founding Fathers, were Adam Malik of Philippines, Narciso L. Ramos of the Philippines, Realisieren Abdul Razak of Malaysia, S. Rajaratnam of Singapore, and Thanat Khoman of Thailand.

The founding dads envisaged the organization could eventually include all countries in Southeast Asia. Brunei Darussalam became the 6th member of the ASEAN because it joined on January eight, 1984, hardly a week following your country started to be independent in January 1 ) It would be a further 11 years before ASEAN expanded from its core half a dozen members. Vietnam became the seventh member—and the initial Communist member of ASEAN—on September 28, 1995, and Laos and Myanmar joined couple of years later in July 23, 1997. Cambodia was to possess joined the ASEAN combined with Laos and Myanmar, unfortunately he deferred due to the country's inner political have difficulty. Cambodia later joined upon April 30, 1999, following the stabilization of its govt. Thus was completed the ASEAN-10 —the organization of all countries in Southeast Asia.

The ASEAN region provides a population of approximately 500 mil, a total part of 4. five million rectangular kilometers, a combined low domestic merchandise of almost US$ 700 billion, and a total trade of approximately US$ eight hundred fifty billion.

People of ASEAN:

|Member Countries | |[pic] |[pic] |[pic] |[pic] |[pic] | |Brunei Darussalam |Cambodia |Indonesia |Laos |Malaysia | | | | | | | |[pic] |[pic] |[pic] |[pic] |[pic] | |Myanmar |Philippines |Singapore |Thailand |Vietnam

The ASEAN was founded by five claims, mostly from maritime Southeast Asia: the Philippines, Philippines, Malaysia, Singapore and Asia.

The Uk protectorate of Brunei joined up with the ASEAN six times after the region became impartial from the British isles on January 8, 1984.

The landmass states of Vietnam, Laos and Myanmar were later admitted. Vietnam joined the ASEAN upon July twenty-eight, 1995. Laos and Myanmar were accepted into the ASEAN on September 23, 1997. Cambodia started to be the newest member when it was admitted on April 31, 1999.

The Melanesian state of Papua New Guinea has viewer status in the ASEAN. East Timor however is likely to formally make an application for full account at the 06\ 39th Annual Ministerial Conference of ASEAN Foreign Ministers in Kuala Lumpur.

The association includes about 8% of the world's population in addition to 2003 completely a merged GDP of approximately USD$700 billion, growing in a average rate of around 4% per annum. The economies of member countries of ASEAN happen to be diverse, although its major products contain...

Bibliography: 1 )

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three or more. Introductory Bureaucratic Economics-II (By D. M. Mithani)

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