Opportunities in ASEAN-EU economic cooperation
The European Union (EU) is a dialogue partner of the Association of Southeast Asian Nations (ASEAN) since 1977. This dialogue partnership was institutionalized with the signing of the ASEAN-EEC Cooperation Agreement on 7 March 1980. After that, the EU-ASEAN dialogue relations has grown and expanded in scope and depth. From the limited issues of trade, investment and development cooperation, its partnership has extended to social and cultural affairs; and political and security dialogue. The findings indicate that the ASEAN and EU are ‘natural trading partners’ and should pursue a region-to-region FTA. But an ASEAN-EU FTA is not an easy process given the lack of regional institutional structure and processes in ASEAN coupled with the diversities within the region.
Paderon, Marissa Maricosa A. (2020). “Opportunities in ASEAN-EU economic cooperation”, International Economics and Economic Policy, 17, 783-798, https://doi.org./10.1007/s10368-020-00473-3