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What are the stated aims of the Association of South East Asian Nations (ASEAN)? What are...

What are the stated aims of the Association of South East Asian Nations (ASEAN)? What are the risks of working with a business partner from ASEAN?

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Expert Solution

Aims of ASEAN-

1.To accelerate economic growth,social progress,and cultural development in the region.

2.To promote regional peace

3.Provide mutual assistance on matters of common interest.

4.Provide collaboration in cases of common interests.

5.To provide assistance among member nations in the form of training and research.

6.Provide resources for better utilization of agriculture as well as industries in order to raise the standard of living among member nations.

7.It also aims at providing assistance in south Asian studies.

Risks-

1.The infrastructure of ASEAN is inoperative.Around 60 billions dollars is required to address this infrastructure defect.

2.Natural disasters-The south asian nations are prone to natural disasters due to their geographical location.Natural disasters cause a lot of loss to life and capital.

3.China's growth which has slow for quite some time now is again another threat to trading with ASEAN business partners.

Rahul Sunny answered 1 year ago
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