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Assess the role of ASEAN as an economic association.

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The Association of South East Asian Nations or ASEAN is aimed at promoting regional collaboration and its role is yet to pick up as such. However there is great potential and with the right patronage, participation and perspective by leaders like Modi and others this is sure to flourish.
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Association of South-East Asian Nations (ASEAN) is much smaller than United States,European Union and Japan. However, its economy sees an increased growth in theseregions and beyond.Objectives of ASEAN as an economic community:? To create common market and production base within ASEAN states and to aidsocial...
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Association of South-East Asian Nations (ASEAN) is much smaller than United States,
European Union and Japan. However, its economy sees an increased growth in these
regions and beyond.
Objectives of ASEAN as an economic community:
? To create common market and production base within ASEAN states and to aid
social and economic development in the region
? To improve the exiting ASEAN dispute settlement mechanism to resolve
economic disputes
? To create a free-trade area (FTA) for investment, labour and service (The US
and China have already moved fast to negotiate FTAs with ASEAN.)

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