Members of the ASEAN:ASEAN is a trade agreement with currently 10 member states in Southeast Asia with the aim of working together both economically and politically. The seat is currently in Singapore. The model for the economic area was, among others, the European Union.
Association of Southeast Asian Nations
The predecessor of ASEAN, which was founded on August 8, 1967, was the ASA Association (1961-1967).
All member states together cover an area of 4.49 m km² and around 667.14 m people. This corresponds to 3.0% of the world's inhabitable area and 8.6% of the world's population. ASEAN is thus larger than the European Union. In terms of area, population and gross domestic product, Indonesia is by far the largest and thus most influential member state.
Official website: https://asean.org/
|Brunei||1984||0.44 M||5,770 km²||12.01 bn US$|
|Burma||1997||54.41 M||677,000 km²||79.85 bn US$|
|Cambodia||1999||16.72 M||181,000 km²||25.81 bn US$|
|Indonesia||1967||273.52 M||1,914,000 km²||1,058.42 bn US$|
|Laos||1997||7.28 M||237,000 km²||19.13 bn US$|
|Malaysia||1967||32.37 M||330,000 km²||337.01 bn US$|
|Philippines||1967||109.58 M||300,000 km²||361.49 bn US$|
|Singapore||1967||5.69 M||719 km²||340.00 bn US$|
|Thailand||1967||69.80 M||513,000 km²||501.64 bn US$|
|Vietnam||1995||97.34 M||331,000 km²||271.16 bn US$|
ASEAN Economic CommunityOutside of Asia, the ASEAN grouping comes to the fore mainly because of its various economic communities. Under the "ASEAN Economic Community", several agreements between the partner countries are managed, which connect large parts of the Asian economy. First and foremost, the ASEAN Free Trade Area "AFTA" enables member states to remove tariff barriers on an extensive level. In total, around 98% of all tariffs between the member states are abolished or at least reduced. This initiative goes back to a decision taken in Manila in 1992 to reduce tariffs on initially only 15 product groups vis-à-vis non-members. At that time, trade among members was only 15%.
There are also several different agreements between the members in which numerous ASEAN member states also participate in order to strengthen the economic community:
- ARF ("ASEAN Regional Forum") for security
- AFTA ("ASEAN Free Trade Area") for a free trade zone
- AIA ("ASEAN Investment Area") for direct investment