"ASSOCIATION OF SOUTHEAST ASIAN NATIONS (ASEAN)"
Association of Southeast Asian Nations (ASEAN) was established on 8th August, 1967 in Bangkok by five original member countries (i.e. Malaysia, Indonesia, Singapore, Thailand and Philippines). The 28th and 29th ASEAN summits held in Vientiane, Laos from 6th September, 2016 to 8th September, 2016. Leaders from the 10 ASEAN countries- Brunei, Cambodia, Indonesia, Malaysia, Philippines, Laos, Myanmar, Thailand, Vietnam and Singapore- gathered for three days. Host leader of ASEAN formal summits is Prime Minister of Laos Thongloun Sisoulith.
The main objective of Association of Southeast Asian Nations is the Acceleration Growth, Cultural Development and Social Progress of its member along with the promotion of regional peace.
- ASEAN aims to represent the collective will of the countries of Southeast Asia to bind them together in friendship.
- The primary principal of ASEAN was noninterference.
- ASEAN is open to the participation of all states in the Southeast Asian region which are willing to subscribe to its aims, purposes and principals.
- The principal of ASEAN involve mutual respect for the independence and authority of its members.
Significance of ASEAN Logo:
The different colors used in the logo depicts-
Red: Boldness and Dynamics
Green: Growth and Harmony
Blue: Peace and Stability
Orange: Warmth and Happiness
ASEAN- INDIA SUMMIT 2016:
14th ASEAN-INDIA Summit held in Vientiane, Laos on 8th September, 2016. India and ASEAN have 30 dialogue mechanisms which meet on a regular basis. They Include a Summit meet and seven ministerial meetings- Foreign Affairs, Tourism, Agriculture, Commerce, Environment, Telecommunications and Renewable Energy.
INDIA-ASEAN Trade Volume:
$65.06 billion in 2015-16 (10.12% of India’s total global trade)