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ASEAN comprises Indonesia, Malaysia, Singapore, Thailand, the Philippines, Brunei, Vietnam, Cambodia, Laos and Myanmar with a total population of over 600 million people. The Association aims to develop cooperation in the economic, social, cultural and other spheres, and also strengthen peace and stability in Southeast Asia.
the ASEAN members plus China, South Korea and Japan was born from the ashes of the Asian financial crisis and the IMF’s response to it.
The Asian Development Bank (ADB) had either financed or cofinanced $15.4 billion-worth of projects in the Asean región.
The largest recipients were Cambodia, Laos, Myanmar and Vietnam (68% of total).
It’s no secret that displeasure — if not hostility — to the policy prescriptions suggested by the Washington-based institution was a key driver behind ASEAN+3. When the global financial crisis spurred the development of the Chiang Mai Initiative Multilateralisation (CMIM) and the launch of the ASEAN+3 Macroeconomic Research Office (AMRO), it seemed that ASEAN+3 was finally setting up the structures to free itself from any future dependence on the IMF.
But it seems that ASEAN+3 needs to embrace the IMF if it is to transform into an essential feature of regional governance in East Asia.
After West’s sanctions to Russia,
Russia is moving its geostreategic movements towards Asia including ASEAN, obviously.
Russia and ASEAN have mutual understanding in regional policy, security sphere
The GDP of ASEAN member-states stands at about $3.5 trillion today and is expected to reach $4 trillion by 2020.
ASEAN is becoming an increasingly attractive area for foreign investments, which grew by 16% in 2014 to over $136 billion.
Torkunov said "that role was entrusted to ASEAN not accidentally."
"That group of countries is not expected to show its desire for hegemony, but ASEAN diplomacy will not be inferior to anyone, so partners interacting with ASEAN in East Asia, have seen the best candidate for the role of a fair broker in that organization.
There is positive dynamics here: for 20 years, trade exchanges’ except for the past two crisis years,
in the 2010-2014 period, they were growing especially fast,"
Torkunov said also
"there is understanding that Russia, jointly with other participants of the Eurasian Economic Union, should move in relations with separate ASEAN countries, and later with the association on the whole, to free trade regimes."
The Eurasian Economic Union: Belarus, Kazakhstan, Russia, Armenia, and Kyrgyzstan's
take a look about this in Sylodium
10 Asean countries x 5 “Russian” countries= 50 business places in Sylodium
Singapore – Armenia…..
"It has begun: a relevant agreement with Vietnam has been signed," the expert said.
We know, that to build a skyscraper, you have to start foundations
Tourism business, import export business, traders, from Russia to Vietnam….
There is a common enemy, for all countries, including Muslim countries, the terrorism
Russian defense minister speaks in favor of expanding Russia-ASEAN military ties
That summit of Russia – ASEAN under the slogan "Towards Strategic Partnership for the Sake of the Common Good."
The summit to lay the basis for an action plan of Russia-ASEAN cooperation in the political, economic and cultural spheres, as well as in the sphere of security.
Against the backdrop of rising maritime threats in the region, navies from Brunei, Singapore, South Korea, and Thailand showed off the ability to conduct a co-ordinated ship-storming operation on a simulated hijacked vessel in the international waters of the South China Sea.
Conflict of some ASEAN countries with China, about some islands of South China Sea, but here, about terrorism, are friends.
not only ASEAN with China, but USA and China and Russia are friends in this matter.
The ADMM-Plus arrangement is made up of 18 countries, namely the 10 ASEAN countries, as well as Australia, China, Japan, India, New Zealand, Russia, South Korea, and the United States. Some 3,500 personnel, 18 naval vessels, 25 aircraft, and 40 special forces teams from the these 18 countries participated in the exercise,
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