ASEAN: Association of South East Asian Nations to accelerate economic growth through social progress and cultural development.
What do you understand by ASEAN?
ASEAN (/ˈɑːsiɑːn/ AH-see-ahn, /ˈɑːziɑːn/ AH-zee-ahn), officially the Association of Southeast Asian Nations, is a political and economic union of 10 member states in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural …
What are the strength of ASEAN Class 12?
The current economic strength of ASEAN particularly its economic relevance as a trading and investment partner to the growing Asian economies such as India and China makes this an attractive proposition. India signed FTA with two ASEAN members, Singapore and Thailand, and trying to sign an FTA with ASEAN itself.
What is ASEAN and its purpose?
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 do we need to study ASEAN?
The people of Southeast Asia will support regional integration efforts when they see the benefits to them. … Creation of more opportunities for work, travel, business and studies would be important vehicles for greater people-to-people interactions and understanding.
Who established ASEAN?
How did LTTE emerge? Answer: LTTE emerged 1983 onwards on the negligence of Tamil interest by Sri Lanka government. Hence, ‘Liberation Tigers of Tamil Elam’ (LTTE) took birth demanding a seperate state for Tamil in Sri Lanka.
How is ASEAN a role model for international organization?
“ASEAN has evolved into a role model for regional cooperation as it celebrates the 50th anniversary year of its foundation this year,” MoS for External Affairs Gen (retd) V K Singh said. … Today, it is appreciated for the stability it has brought to the region and its immediate neighbourhood,” Singh said.
What are the reasons for the rise of Chinese economy class 12?
(i) Remarkable rise in agricultural production and rural income. (ii) Growth in rural industry. (iii) Rise in foreign trade. (iv) Large foreign exchange reserves.
What is the objective of the ASEAN Mcq?
Explanation: The full form of ASEAN is Association of South East Asian Nations. The motive of ASEAN is to promote economic cooperation in south East Asia and ensure economic stability in the region.
What is the mission of ASEAN quizlet?
What is the mission of ASEAN (Association of Southeast Asian Nations)? ASEAN fosters regional cooperation in order to control (rather than be controlled by) external global forces.
What are the achievements of ASEAN?
ASEAN has successfully maintained peace, stability and security in the region through the various frameworks and mechanisms, such as Zone of Peace, Freedom and Neutrality (ZOPFAN) (1971), Treaty of Amity and Cooperation in Southeast Asia (TAC) (1976), and Southeast Asian Nuclear‐Weapon‐Free Zone Treaty (SEANWFZ) (1995) …
What is the history of ASEAN?
History – ASEAN. The Association of Southeast Asian Nations, or ASEAN, was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of ASEAN: Indonesia, Malaysia, Philippines, Singapore and Thailand.
Why is ASEAN important to Singapore?
The Association of South East Asian Nations (ASEAN) is one of the fastest growing economic blocs in the world – and Singapore offers an ideal base to expand into the region. … ASEAN is the third largest economy in Asia , powered by a rapidly growing middle class and an aggregate consumer market of 628 million people.