What are the characteristics of ASEAN?
ASEAN is characterized by great internal diversity, generally high economic growth, and a reluctance to establish a strong supranational structure. Beginning in 1976—with its five original members—ASEAN began to move toward economic cooperation and integration, initially with a focus on merchandise trade.
What are the characteristics of the ASEAN economic Community?
The AEC Blueprint 2025 consists of five interrelated and mutually reinforcing characteristics, namely: (i) A Highly Integrated and Cohesive Economy; (ii) A Competitive, Innovative, and Dynamic ASEAN; (iii) Enhanced Connectivity and Sectoral Cooperation; (iv) A Resilient, Inclusive, People-Oriented, and People-Centred …
What are the characteristics of Southeast Asia?
The physical characteristics of the mainland zone are long coastlines, plains, and several rivers. The island zone has jungles, shallow seas, and different-sized islands. Most southeast Asians are Buddhist or Muslim, and most people practice the concept of karma in their daily lives.
What are the characteristics of the ASEAN Socio-Cultural Community?
The ASCC is characterised by a culture of regional resilience, adherence to agreed principles, spirit of cooperation, collective responsibility, to promote human and social development, respect for fundamental freedoms, gender equality, the promotion and protection of human rights and the promotion of social justice.
What are the functions 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 and (2) to promote regional peace and stability through abiding respect for justice and the rule of law in the relationship among countries in the …
Why is the Asean way important?
“ASEAN has sought to manage the diverse needs of its members by a process known as ‘the ASEAN way’. It seeks to establish a consensus on issues and follows a principle of non-interference in the internal affairs of members from outside or within the region.
What is ASEAN and what role does it play in Asia?
ASEAN was established in August 1967 with the purpose of accelerating the economic growth, social progress, and cultural development in the region, and promoting regional peace and stability.
What are the 4 pillars of Asean Economic Community?
Four Pillars of the AEC
- Single Market and Production Base. …
- Competitive Economic Region. …
- Equitable Economic Development. …
- Integration into the Global Economy.
What are the characteristics and elements to make the AEC effective in its purpose?
Based on the above and taking into consideration the importance of external trade to ASEAN and the need for the ASEAN Community as a whole to remain outward looking, the AEC envisages the following key characteristics: (a) a single market and production base, (b) a highly competitive economic region, (c) a region of …