ASSOCIATION OF SOUTH-EAST ASIAN NATIONS (ASEAN)
The ASEAN was set up on 08th of Aug. 1967 and its headquarters are situated in Jakarta, Indonesia. It comprises of a total of 10 members including Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.
Objectives of ASEAN
• The ASEAN Declaration states that the aims and purposes of the Association are: (1)
• To accelerate economic growth, social progress and cultural development in the region
• 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.
• Promotion of trade and investment.
• Maintaining financial market stability in the region.
• Promotion of sustainable tourism and people-to-people connectivity.
• Enhanced cooperation in food, agriculture and forestry.
• Enhanced energy security and cooperation.
• Enhanced cooperation in minerals.
• Promotion of sustainable development of micro, small and medium enterprises (MSMEs), including through the consultations with ASEAN-China Centre, ASEAN-Japan Centre, and ASEAN-Korea Centre.
• To strengthen cooperation in science, technology, and innovation (STI).
