Association of Southeast Asian Nations

Association of Southeast Asian Nations

Association of Southeast Asian Nations (ASEAN), organization established by the Bangkok Declaration (1967), linking the nations of Indonesia, Malaysia, Philippines, Singapore, and Thailand. Subsequently, Brunei (1984), Vietnam (1995), Laos (1997), Myanmar (1999), and Cambodia (1999) were admitted; a formal charter for ASEAN was signed in 2007 and came into force in 2008. The organization's secretariat is in Jakarta. ASEAN seeks to promote socioeconomic progress and regional stability through cooperation in banking, trade, technology, agriculture, industry, and tourism. Members agreed in 1992 to create the ASEAN Free Trade Area (AFTA), a regional common market, which became effective in 1993. Tariffs among the ASEAN nations have been greatly reduced, especially among the six oldest ASEAN members; a free trade area is slated to be established largely by 2015. ASEAN also has reached free-trade agreements with China (2004), South Korea (2006), Japan (2008), and Australia, New Zealand, and India (2009). Members are also pledged to work together to promote foreign investment in the region.

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"Association of Southeast Asian Nations." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. 25 May. 2012 <http://www.encyclopedia.com>.

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Association of South-East Asian Nations

Association of South-East Asian Nations (ASEAN) A regional organization formed by Indonesia, Malaysia, the Philippines, Singapore, and Thailand through the Bangkok Declaration of 1967. Brunei joined the organization in 1984, Vietnam joined in 1995, and Myanmar (Burma) and Laos joined in 1997. ASEAN aims to accelerate and to promote regional stability. In 1992 it agreed to create the ASEAN Free Trade Area (AFTA) as the first step towards the creation of an ASEAN common market. Since ASEAN members have historically given more priority to external than intra-ASEAN trade, one of its principal roles has been to negotiate with other countries and with organizations such as the EUROPEAN UNION. From its inception ASEAN opposed communist regimes in other Asian countries such as North Vietnam and, subsequently, Laos and Cambodia.

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"Association of South-East Asian Nations." A Dictionary of World History. 2000. Encyclopedia.com. 25 May. 2012 <http://www.encyclopedia.com>.

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Association of Southeast Asian Nations

Association of Southeast Asian Nations (ASEAN) Regional alliance formed in 1967 to promote economic cooperation. Its members are Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, and Burma. Based in Jakarta, Indonesia, it took over the nonmilitary aspects of the Southeast Asia Treaty Organization (SEATO) in 1975.

http://www.aseansec.org

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Free newspaper and magazine articles

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