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Founded in 1967, the Association of Southeast Asian Nations (ASEAN) is often compared with the EU. Both organisations brought together former adversaries and successfully resolved tensions through cooperation, helping to bring peace and prosperity to their regions. However, the EU and ASEAN operate in very different ways. ASEAN is a strictly intergovernmental organisation in which decisions are based on consensus. While this approach has made it difficult for south-east Asian countries to achieve ...

The EU published its ‘Joint Communication on the EU strategy for cooperation in the Indo-Pacific’ on 16 September 2021. This Indo-Pacific Strategy lays out five crucial security issues in the region that directly affect the EU’s own security and prosperity. These are maritime security, nuclear security and non-proliferation, cyber security, trafficking, and terrorism. In order to deal with these security issues, the EU has CSDP missions and the CSDP toolbox at its disposal. In fact, the long-standing ...

The economies of most ASEAN countries contracted due to the turmoil caused by the Covid-19 pandemic in 2020. Three of them, however, (Brunei, Myanmar/Burma and Vietnam) still managed to grow in terms of GDP, although at a much slower rate than in previous years. Despite the fact that the value of trade in goods declined by 10 % to €189 billion, the ASEAN countries remain an important partner for the EU, collectively representing 5 % of the EU’s overall trade in 2020, ranking in sixth place after ...

Asia matters to Europe: home to the world's largest population and fastest-growing economies, Asia is a major trade partner of the EU. Recognising this, the EU has promoted the Asia-Europe Meeting (ASEM), established five strategic partnerships – including with the Association of South-East Asian Nations (ASEAN) – and negotiated or concluded free trade agreements with several Asian countries. In September 2018, the EU adopted a joint communication on 'Connecting Europe and Asia – Building blocks ...

15 countries signed the Regional Comprehensive Economic Partnership (RCEP) on 15 November 2020. Upon ratification, it will become the largest preferential trade agreement by economic output in the world, with the potential to increase trade and integration among the economies of East Asia. This briefing presents the structure and the content of the agreement, its relationship to existing cooperation in the region, and discusses important economic and political implications. Several notable takeaways ...

In 2017, the European Union–Association of Southeast Asian Nations (ASEAN) dialogue partnership celebrated its 40th anniversary. The same year saw the 50th anniversary of the founding of ASEAN. The ASEAN region is currently the world's fifth largest economy, a dynamic economic area home to more than 660 million consumers. To ensure better access to opportunities in the region's market, the European Union (EU) started negotiations with ASEAN for a region-to-region free trade agreement (FTA) in 2007 ...

Public opinion surveys suggest that although most Indonesians do not know much about the European Union, they generally feel positively towards it. Looking at the principles underpinning key Indonesian government policies over the past few decades, there is much common ground between the EU and Indonesia. Some of the biggest gaps are in the field of economic policy, where the EU's commitment to trade and investment liberalisation contrasts with Indonesia's more ambiguous stance. There are more similarities ...

Marking the 40th anniversary of the start of their dialogue ASEAN and the EU have agreed to work towards establishing a strategic partnership. While trade has always been the cornerstone of the relationship - ASEAN is the EU’s third largest trade partner - the EU’s ambition to expand its role as a global actor demand increased engagement. Both sides face common challenges that can only be addressed through joint responses that involve all stakeholders. To be strategic the partnership must embrace ...

After negotiations between the EU and the Association of Southeast Asian Nations (ASEAN) for a regional free trade agreement (FTA) were suspended in 2009, the EU decided to pursue bilateral trade agreements with the individual ASEAN member states. To date, six of them have started talks on a bilateral FTA with the EU. Negotiations have already been concluded with two of these countries, Singapore and Vietnam, although those FTAs still await ratification. The EU's final objective is to have a region-to-region ...

In 2013, China launched its 'One Belt, One Road' (OBOR) initiative. OBOR is China’s broadly sketched vision of how it plans to boost regional integration in its wider neighbourhood. The initiative is unprecedented in terms of China's financial engagement and the innovative network-based project design which is intended to contribute to a more inclusive global governance. It contrasts sharply with existing treaty-based integration concepts where the geographical scope, partner countries, strategy, ...