The full form of ASEAN is the Association of Southeast Asian Nations, it's a regional organization aimed at addressing emerging economic and security issues by bringing disparate neighbouring countries together. The organization comprises ten Southeast countries that include Indonesia, Brunei, Malaysia, Singapore, Vietnam, Thailand, Myanmar, Philippines, Cambodia, and Laos. One of the primary focuses with which the body was formed is to promote economic integration.
As mentioned above ASEAN full form is the Association of Southeast Asian Nations, it is a formation of 10 countries that work together to ensure economic development. The ASEAN countries have a gross domestic product of 3.2 trillion and the total number of people rising in these countries accounts for almost 662 million. If we trace the developmental works undertaken by this organization, economic integration in Asia tops the list whereby six trade agreements were signed to form the world's largest trade bloc. To gain a deeper understanding of the principles, functions and development projects of ASEAN, you have to thoroughly read our article. ASEAN full form Association of Southeast Asian Nations Founding year 1967 10 countries in ASEAN Objective Promoting economic integrity Total population in ASEAN countries 662 million (approx.) Since its formation in 1967, Association of Southeast Asian Nations (ASEAN full form) has evolved into the most significant and strategic organization maintaining a global network with its member nations. In 1976, with the signing of the Treaty of Amity and Cooperation in Southeast Asia at the 1st ASEAN summit, they formulated some principles to govern the development projects undertaken by the member nations in a more efficacious manner. Here we have listed some of the basic principles upon which the ASEAN nations work. ASEAN was established to fulfill a wide array of purposes, and economic development seems one of them, every member nation frames a policy that strengthens the security of the countries. Well, to gain a good insight into the major working or function of this organization, we need to learn about their prime objectives. ASEAN was established in 1967 by bringing together five nations that include Thailand, Malaysia, Singapore and the Philippines to take initiative against communism. These five members signed the treaty of Amity and Cooperation in Southeast Asia that aimed at encouraging mutual respect among the countries. The civil war of 1991 and its normalizing the relations between Vietnam and the US in 1995 finally encouraged other countries to join hands in ASEAN. After countries like Brunei, Cambodia, Laos, Vietnam and Myanmar, the organization began taking the step to strengthen regional cooperation. With the 1997 economic crisis faced by Asians, the members of the Association of Southeast Asian Nations (ASEAN full-form) tried to integrate their country’s economies. Looking at the various developmental projects undertaken by the group of Southeast Asian countries, it can be said that the organization is gradually empowering the economy resulting in the overall development of member nations. The modifications undertaken in the political and economic sphere of the world in the initial phases of 1990 and India’s view toward economic liberalization indicate the fact that the country needs to strengthen its ties with ASEAN. In the present scenario, the “Act East Policy” has turned out to be a vibrant policy which the PM enunciated at the 12th ASEAN India summit. We can say that India’s partnership with ASEAN will act as a major initiative to offer some support to the country’s foreign policy. To date, there have been a total of 30 Dialogue mechanisms undertaken between India and the ASEAN countries that held a discussion on a wide array of topics. ASEAN led to the evolution and progression of some of the most remarkable economic integration. The member nations created a free trade policy in 1992 to fulfill the objective of enhancing intra-ASEAN trade and seeking foreign investment. In 2020, the Regional Comprehensive Economic Partnership, a free trade agreement was signed between South Korea, New Zealand, Australia, Japan, and China. It led to the promotion of economic integration between southeast and northeast Asia. One of ASEAN’s major achievements is forming six free trade agreements with nations that are not included in the ASEAN member countries like India. Besides strengthening the economies of Southeast Asian nations, ASEAN, full form of which is Association of Southeast Asian Nations, played a vital role in addressing emerging security challenges. Some serious issues like refugee flows, narcotics, human rights abuses, terrorism and natural disasters were given prime focus when framing policies. What is ASEAN Full Form?
Overview of ASEAN
What are the Principles of ASEAN?
Major Objectives of ASEAN
Glorious Past of ASEAN
Studying the Relationship Between India and ASEAN
Economic Development Projects are undertaken by ASEAN
ASEAN full form is Association of Southeast Asian Nations, it is an organization bringing together 10 nations to promote economic integrity.
ASEAN was established in 1967 by forming alliances with countries like Thailand, Malaysia, Singapore and Philippines.
The headquarters of ASEAN is located in Jakarta.
As per data, Indonesia is ranked top among the ASEAN countries in terms of economic development.