ASEAN leaders want a EU style Community by 2015

ASEAN leaders want a EU style Community by 2015

(Source Yahoo) CHA-AM, Thailand (AP) -- Southeast Asian leaders vowed Sunday to push ahead with ambitious plans to become a European Union-style economic community by 2015 despite roadblocks posed by the global financial crisis and Myanmar's dismal human rights record.
The 10-nation Association of Southeast Asian Nations concluded its 14th annual summit with a statement saying leaders had agreed to refrain from imposing new trade barriers and would stand firm against protectionism in their quest to create a single market in the next seven years.

Press Statement on the Global Economic and Financial Crisis
Cha-am, Thailand, 1 March 2009


ASSOCIATION OF SOUTHEAST ASIAN NATIONS (ASEAN)
The Association of Southeast Asian Nations or ASEAN was established on 8 August 1967 in Bangkok by the five original Member Countries, namely, Indonesia, Malaysia, Philippines, Singapore, and Thailand. Brunei Darussalam joined on 8 January 1984, Vietnam on 28 July 1995, Lao PDR and Myanmar on 23 July 1997, and Cambodia on 30 April 1999.
As of 2006, the ASEAN region has a population of about 560 million, a total area of 4.5 million square kilometers, a combined gross domestic product of almost US$ 1,100 billion, and a total trade of about US$ 1,400 billion