About the establishment, ASEAN Economic Community (AEC), free trade agreement and positive as well as negative impact of ASEAN in International Business viewpoints.
By Swikar Dahal
Regional Blocks - International Business - Manu Melwin Joymanumelwin
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, namely Indonesia, Malaysia, Philippines, Singapore and Thailand.
Regional Blocks - International Business - Manu Melwin Joymanumelwin
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, namely Indonesia, Malaysia, Philippines, Singapore and Thailand.
ASEAN Please like and share it as possible!! want some more ppts contact me @ puskarkandel2012@gmail.com for relevant purposes. BBA students specially :) please comment in the box for suggestions and feedbacks..
Presentation by ERIA's Senior Policy Fellow, Tan Sri Dr Rebecca Fatima Sta Maria, former Secretary General of Malaysia's Ministry of International Trade and Industry. In this presentation, Dr Rebecca talks about ASEAN's path towards an integrated region and community, the opportunities and challenges faced by ASEAN Economic Community (AEC), as well as ASEAN Centrality.
This a Presentation on AU, EU, APEC, NAFTA, AFTA, SAPTA, LAFTA, ASEAN. I have made this based on my assignment what is based on some trade organizations :-)
Association of Southeast Asian Nations
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ASEAN Please like and share it as possible!! want some more ppts contact me @ puskarkandel2012@gmail.com for relevant purposes. BBA students specially :) please comment in the box for suggestions and feedbacks..
Presentation by ERIA's Senior Policy Fellow, Tan Sri Dr Rebecca Fatima Sta Maria, former Secretary General of Malaysia's Ministry of International Trade and Industry. In this presentation, Dr Rebecca talks about ASEAN's path towards an integrated region and community, the opportunities and challenges faced by ASEAN Economic Community (AEC), as well as ASEAN Centrality.
This a Presentation on AU, EU, APEC, NAFTA, AFTA, SAPTA, LAFTA, ASEAN. I have made this based on my assignment what is based on some trade organizations :-)
Association of Southeast Asian Nations
Disclaimer:
All of the pictures and pieces of information on this site are the property of their respective owners. I do not hold any copyright in regards to these pictures and information. These pictures have been collected from different public sources including various websites, considered to be in the public domain. If anyone has any objection to display of any picture, image or information, it may be brought to my notice by sending an email (contact me) & the disputed media will be removed immediately, after verification of the claim.
The Association of Southeast Asian Nations(ASEAN) is a regional intergovernmental organization comprising ten countries in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration among its members and other countries in Asia.
Motto:- "One Vision, One Identity, One Community"
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.
SDSU BA 310 Team 5's project ASEAN Learning Aid uploaded as a SlideShare document. All rights reserved by the author. Please do not use without the author's consent.
Association of Southeast Asian Nations - ASEAN - International Business - Man...manumelwin
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, namely Indonesia, Malaysia, Philippines, Singapore and Thailand.
Right-wing politics are political positions or activities that view some forms of social stratification or social inequality as either inevitable, natural, normal, or desirable, typically defending this position on the basis of natural law, economics or tradition.
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eSewa is a mobile money account. It is a digital wallet from where customers can pay, send and receive money from their mobile phone and internet, instantly.
eBanking means a method of banking in which the customer conducts transactions electronically via the Internet.
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2. ESTABLISHMENT
• 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, namely Indonesia, Malaysia,
Philippines, Singapore and Thailand.
• Brunei Darussalam then joined on 7 January 1984, Viet Nam
on 28 July 1995, Lao PDR and Myanmar on 23 July 1997, and
Cambodia on 30 April 1999, making up what is today the ten
Member States of ASEAN.
5. About
• The Association of Southeast Asian Nations (ASEAN ) is a
political and economic organization of ten Southeast
Asian countries.
• ASEAN aims to promote collaboration and co-operation
among member states, as well as to advance the interests of
the region as a whole, including economic and trade growth.
• ASEAN is built on three pillars: the ASEAN Political-Security
Community (APSC),the ASEAN Economic Community (AEC),
and the ASEAN Socio-Cultural Community (ASCC).
6. ASEAN:
ASEAN covers a land area of 4.4 million square kilometers, 3%
of the total land area of the Earth.
If ASEAN were a single entity, it would rank as the seventh
largest economy in the world, behind the US, China, Japan,
Germany, France and the United Kingdom.
With over 600 million people, ASEAN's potential market is
larger than the European Union or North America.
ASEAN includes 227 of the world’s companies with more than
$1 billion in revenues, or 3 percent of the world’s total.
7. Aims and Purposes
• To accelerate economic growth, social progress, and cultural development in the
region.
• To promote regional peace and stability.
• To promote collaboration and mutual assistance on matters of common interest.
• To provide assistance to each other in the form of training and research facilities.
• To collaborate for the better utilization of agriculture and industry to raise the
living standards of the people
• To promote Southeast Asian studies.
• To maintain close, beneficial co-operation with existing international organizations
with similar aims and purposes.
8. FUNDAMENTAL PRINCIPLES
In their relations with one another, the ASEAN Member States have adopted
the following fundamental principles, as contained in the Treaty of Amity and
Cooperation in Southeast Asia (TAC) of 1976:
• Mutual respect for the independence, sovereignty, equality, territorial
integrity, and national identity of all nations;
• The right of every State to lead its national existence free from external
interference, subversion or coercion;
• Non-interference in the internal affairs of one another;
• Settlement of differences or disputes by peaceful manner;
• Renunciation of the threat or use of force; and
• Effective cooperation among themselves.
9. • The ASEAN Free Trade Area (AFTA) which was established on 28
January 1992 includes a Common Effective Preferential Tariff (CEPT)
to promote the free flow of goods between member states.
• Brunei, Indonesia, Malaysia, the Philippines, Singapore, and
Thailand have eliminated 99.65% of their tariff lines, Cambodia,
Laos, Myanmar and Vietnam have decreased tariffs on 98.86% of
their lines to the 0-5% tariff range in 2010, and are projected to
eliminate tariffs on these goods by 2015, with the ability to do so
for a few import duty lines until 2018.
10. ASEAN Economic Community
• ASEAN seeks economic integration by creating an ASEAN
Economic Community (AEC) by end-2015 to establish
a common market based upon the four freedoms. The single
market will ensure the free flow of goods, services,
investment and skilled labor and the free flow of capital.
• The ASEAN Economic Community is founded on four basic
initiatives: creating a single market and production base;
increasing competitiveness; promoting equitable economic
development; and further integrating ASEAN with the global
economy.
11. Positive Impact
• Free Trade Agreement
• Tourism
• Collaboration and co-operation
• Promotes peace and stability
12. Criticisms of ASEAN
• South China Sea dispute
• Problem of Myanmar
• Lack of effective implementation
• Diversity