What were the objectives behind the formation of the ASEAN in 1967?
Solution
ASEAN was established in 1967 by five countries of this region—Indonesia, Malaysia, the Philippines, Singapore and Thailand —by signing the Bangkok Declaration. Objectives of ASEAN: Primarily, to accelerate economic growth and through that social progress and cultural development. Secondarily, to promote regional peace and stability based on the rule of law and the principles of the United Nations Charter. Over the years, Brunei Darussalam, Vietnam, Lao PDR, Myanmar (Burma) and Cambodia joined ASEAN taking its strength to ten. Unlike the EU, there is little desire in ASEAN for supranational structures and institutions. ASEAN countries have celebrated what has become known as the 'ASEAN Way', a form of interaction which is informal, non-confrontationist and cooperative. The respect for national sovereignty is critical to the functioning of ASEAN. With some of the fastest growing economies in the world, ASEAN broadened its objectives beyond the economic and social spheres. In 2003, ASEAN moved along the path of the EU by agreeing to establish an ASEAN Community comprising three pillars, namely, the ASEAN Security Community, the ASEAN Economic Community and the ASEAN Socio-Cultural Community.