International Business - ASEAN

8/6/2019 International Business - ASEAN

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Makarand Rane 25

Anisha Raheja 30

Priyanka Kanjani 29

Chaitali Ashar 03

PRESENTED BY





Continued.....y Indonesia

y Malaysia

y Philippines

y Singapore

y Thailand

y Brunei

y Burma (Myanmar)

y Cambodia

y Laos

y Vietnam



Continued....

y ASEAN spans over an area of 4.46 million km2

y Population of approximately 600 million people, 8.8% of

the world population.

y In 2010, its combined nominal GDP had grown to USD $1.4

trillion.

y If ASEAN were a single country, it would rank as the 9thlargest economy in the world and the 3rd largest in Asia in

terms of nominal GDP.



Purpose of ASEAN

y To maintain and enhance peace, security and stability

y

To preserve Southeast Asia as a Nuclear Weapon.y To ensure Members live in Peace with the world.

y To create a single market

y To alleviate poverty and narrow the development gap

within members



Continued.....

y To strengthen democracy, enhance good governance

y To promote sustainable development

y strengthen cooperation in building a safe, secure and

drug-free environment for the people

y

To promote an ASEAN identity



THE ASEAN-JA P ANPL AN OF A CTION

y Economic interdependence between ASEAN and Japan has been steadily

increasing, making ASEAN Japans second largest trade partner.

y Private direct investment from Japan to ASEAN Member Countries over

the past ten years has reached a substantial level.

y Japan has provided bilateral Official Development Assistance (ODA).

y Cooperation for enhancing economic competitiveness of ASEAN

Member Countries including investment promotion



List of ASEAN countries by GDP

y ASEAN country contributes only 1.89%of world GDP

y BRIC contributes 13%of the total world GDP(nominal)

Country GDP in MillionUSD

W orld 78,360,000

ASEAN 1,486,467

Indonesia 496,800

Thailand 272,100

Malaysia 214,700

Singapore 192,800

hilippines 186,000 Vietnam 90,880

Brunei 17,180

Burma 13,700

Cambodia 10,820

Laos 5,187



Total ASEAN Trade in 2009

Country Exports Imports Total trade

Brunei 7,168.6 2,399.6 9,568.2

Cambodia 4,985.8 3,900.9 8,886.7

Indonesia 116,510. 96,829.2 213,339.2

Lao PDR 1,237.2 1,725. 2,962.2

Malaysia 156,890.5 123,330.4 280,221.9

Myanmar 6,341.5 3,849.4 10,191.9

Philippines 38,334 45,533 83,868

Singapore 269,832 245,784 515,617

Thailand 152,497 133,769 286,266

Vietnam 56,691 69,230 125,921

ASEAN 810,489 726,354 1,536,843

value in US$ million



Top ten ASEAN trade partnercountries/regions, 2009

Country Exports Imports Total trade

ASEAN 199,587.3 176,620.1 376,207

China 81,591.0 96,594.3 178,185.4European Union-27 92,990.9 78,795.0 171,785.9

Japan 78,068.6 82,795.1 160,863

USA 82,201.8 67,370.3 149,572.1

Republic of Korea 34,292.9 40,447.4 74,740.3

Hong Kong 56,696.7 11,218.6 67,915.2

Australia 29,039.3 14,810.8 43,85

India 26,520.3 12,595.5 39,115.8

United Arab Emirates 10,569.5 13,797.0 24,366.5Total top ten tradepartner countries 691,558.3 595,044.0 1,286,602.3

value in US$ million



Meetings- ASEAN SUMMIT

y The organisation holds meetings, known as the ASEAN

Summit, where heads of government of each member meet

to discuss and resolve regional issues related to Economicand Cultural development.

y As well as conducts other meetings with other countries

outside of the bloc with the intention of promotingexternal relations.

y Formal Summit are held in 3 days



ASEANPolitical-Security Community

y ASEAN Ministerial Meeting

y ASEAN Defence Ministers Meeting

y ASEAN Law Ministers Meeting

y

ASEAN Regional Forum

y ASEAN Ministerial Meeting on Transnational Crime



ASEAN EconomicCommunity

y ASEAN Free Trade Area Council

y Common Effective Preferential Tariff (CEPT)

y ASEAN Ministers on Energy Meeting

y ASEAN Ministerial Meeting on Agriculture and Forestry

y ASEAN Finance Ministers Meeting

y Financial Services Liberalization by 2015

y Capital Account Liberalization by 2015.

y ASEAN Investment Area (AIA) Council



ASEAN Socio-CulturalCommunity

y ASEAN Ministers Responsible for Culture & Arts

y ASEAN Ministerial Meeting on Disaster Management

y ASEAN Labour Ministers Meeting

y ASEAN Ministerial Meeting on Social Welfare and

Development

y ASEAN Ministerial Meeting on Youth



Limitations of ASEAN

y Non-ASEAN countries have criticised ASEAN for being too soft

in its approach to promoting human rights and democracy in led

Myanmar.

y ASEAN has been criticized, in the past, of being a mere talking

shop. However, leaders such as the Philippines' Foreign Affairs

Secretary, Alberto Romulo, said it would be a workshop not a

talk shop. Others have also expressed similar sentiment



Bridging the development gap in ASEAN, enabling the four new ASEAN members to catch up with the rest and join them in advancingthe Association into a more meaningful and more prosperouseconomic community.

Creating conducive economic and political climate for free movement

of creative and talented people who can bring to ASEAN thetechnological and value-added edge.

Managing ASEANs external economic linkages to enhance thecompetitiveness of ASEAN as a regional production and touristdestination, as well as to enhance the competitive edge of individual

ASEAN members to trade, innovate, and attract investors and tourists.

CONCLUSION



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International Business - ASEAN

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