Regional Trade and Bilateral Trading Agreements: The Case of ASEAN

December 14, 2015

In a global economic system characterized by the multiplication of bilateral trade agreements, regional economic organizations risk losing their traditional rationale and becoming irrelevant. This peril has been particularly noticeable for the Association of Southeast East Asian Nations (ASEAN). Established in August 1967 by five countries – Indonesia, Malaysia, Philippines, Singapore and Thailand – this organization aims, first, to accelerate economic growth, second, promote regional peace and stability and, third, encourage active cooperation and mutual assistance on matters of common interest.

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Topics: ASSOCIATION OF SOUTHEAST ASIAN NATIONS (ASEAN) REGIONAL INTEGRATION

Regions: SOUTHEAST ASIA

Authors: DIPLOMATIC COURIER

RTA

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