What is ASEAN

The Association of Southeast Asian Nations (ASEAN) Has the 3rd Largest Population in the World and a GDP of $2.4 Trillion

The Association of Southeast Asian Nations (ASEAN) is a 10-member regional bloc with a combined GDP of $2.4 trillion, a population of 630 million, and a landmass covering more than 1.7 million square miles. Founded in 1967 by Indonesia,Malaysia, the Philippines, Singapore, and Thailand, ASEAN has since expanded to include Brunei Darussalam, Cambodia, Laos, Myanmar (Burma), and Vietnam.ASEAN holds semiannual ASEAN Summits, numerous ministerial meetings, and convenes Asia Pacific powers to discuss security and political issues.

ASEAN seeks to promote economic growth and regional stability among its members through consultation, consensus, and cooperation based on the Treaty of Amity and Cooperation (TAC). By combining the member states’ influence,ASEAN has been able to affect Asia Pacific economic, political, and security trends to a much greater degree than its members could achieve individually.ASEAN’s community building effort comprises three pillars: the Political-Security Community; Economic Community; and Socio-Cultural Community.