Association of Southeast Asian Nations

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Association of Southeast Asian Nations (ASEAN)

A loose economic and geopolitical affiliation that includes Singapore, Brunei, Malaysia, Thailand, the Philippines, Indonesia, and Vietnam. Future members are likely to include Burma, Laos, and Cambodia.

Association of Southeast Asian Nations

An economic and political alliance of sovereign states in southeastern Asia. It was established in 1967; its members are Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. ASEAN promotes regional cooperation on cultural and political levels, and it provides a forum for the peaceful resolution of disputes. Perhaps most important is ASEAN's work in regional integration. For example, it operates the ASEAN Free Trade Area and encourages members to invest in each other with as few restrictions as possible. It has also concluded common free trade agreements with a number of non-member countries, including Japan and Australia.

Association of Southeast Asian Nations (ASEAN)

a regional alliance formed in 1967 with the general objective of creating a ‘free trade area’ (see TRADE INTEGRATION entry for details) The current member countries of ASEAN are Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand. See ASIA PACIFIC ECONOMIC COOPERATION.

Association of Southeast Asian Nations (ASEAN)

a regional alliance formed in 1967 with the general objective of creating a FREE TRADE AREA. The current member countries of ASEAN are Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand. However, only limited progress has been made to date towards the reduction of internal tariffs and quotas. See ASIAN PACIFIC ECONOMIC COOPERATION, TRADE INTEGRATION.
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