Article: Association of Southeast Asian Nations (ASEAN)

"ASSOCIATION OF SOUTHEAST ASIAN NATIONS (ASEAN)"

Introduction:

Association of Southeast Asian Nations (ASEAN) was established on 8^th August, 1967 in Bangkok by five original member countries (i.e. Malaysia, Indonesia, Singapore, Thailand and Philippines). The 28^th and 29^th ASEAN summits held in Vientiane, Laos from 6^th September, 2016 to 8^th 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.

 Objectives:

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.

Key Features:

• 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

Yellow:           Prosperity

ASEAN- INDIA SUMMIT 2016:

14^th ASEAN-INDIA Summit held in Vientiane, Laos on 8^th 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)