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In Hanoi, with Vietnam and Italy Heads of Governments, ASEAN Deputy-Secretary-General and other 500 participants at ASEAN-Italy Summit

June 7, 2019

 

 

In Hanoi, with Vietnam and Italy Heads of Governments, ASEAN Deputy-Secretary-General and other 500 participants at ASEAN-Italy Summit. The Association of South East Asian Nations (ASEAN) is a regional organization which promotes cooperation and economic, political, security, military, educational, and social integration among the region. The 10 members in GDP order are Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, Myanmar, Cambodia, Laos, Brunei and the 2 observers are Papua New Guinea and East Timor. ASEAN economy is forecasted to become 5th world GDP economy by 2024. The establishment of the ASEAN Economic Community (AEC) in 2015 is a major milestone in the regional economic integration agenda in ASEAN, offering opportunities in the form of a huge market of US$2.6 trillion and over 622 million people. The AEC is the realisation of the region’s end goal of economic integration with a single market characterized by free movement of goods, services, and investments as well as freer flow of capital and skills 200-economies.com

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