2015 ASEAN Event
ASEAN covers a land area of 4.4 million square kilometres, 3% of the total land area of Earth. ASEAN territorial waters cover an area about three times larger than its land counterpart. Member countries have a combined population of approximately 625 million people, 8.8% of the world's population. In 2015, the organisation's combined nominal GDP had grown to more than US$2.8 trillion. If ASEAN were a single entity, it would rank as the sixth largest economy in the world, behind the USA, China, Japan, Germany and the UK. ASEAN shares land borders with India, China, Bangladesh, East Timor, and Papua New , and maritime borders with India, China, Palau, and Australia. Both East Timor and Papua New Guinea are backed by certain ASEAN members for their membership in the organisation.
ASEAN was preceded by an organization formed in 1961 called the Association of Southeast Asia (ASA), a group consisting of the Philippines, Malaysia, and Thailand. ASEAN itself was created on 8 August 1967, when the foreign ministers of five countries: Indonesia, Malaysia, the Philippines, Singapore, and Thailand, signed the ASEAN Declaration, more commonly known as the Bangkok .
Asean became Asean Plus Six with additional countries: Australia, New Zealand and India. And nowadays, there are a new free trade area and it is called as Regional Comphensive Economic Partnership (RCEP), based on 16 countries of ASEAN plus six. RCEP allows the member to protect local sectors and gives more times to comply the aim for developed country members.
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