Integrity Legal

In a recent press release from the United States Department of State, Daniel R. Russell, Assistant Secretary, Bureau of East Asian and Pacific Affairs, discussed the recent anniversary of the Association of Southeast Asian Nations (ASEAN) and the interaction between the ASEAN economies and that of the United States. To quote directly from the recent press release posted on the State Department website:

As the Secretary noted in a statement last week on August 8, the anniversary of ASEAN’s founding, the United States is deeply committed to supporting and partnering with ASEAN…ASEAN is growing in importance. The ten ASEAN countries include two close U.S. treaty allies, valuable security partners, thriving democracies, and Muslim majority nations that are both moderate and influential. ASEAN represents the United States’ fifth largest trading partner and our fourth largest export market. Following U.S. accession to the ASEAN Treaty of Amity and Cooperation in 2009, and in a clear sign of our support for ASEAN, the United States became the first non-ASEAN country to establish a dedicated Mission to ASEAN in Jakarta in June 2010…

Those interested in reading this press release in detail are encouraged to click on the hyperlink noted above.

The United States government is clearly intent on increasing ties with the ASEAN region as the economies have such a significant impact upon the American economy. Meanwhile, many of the countries in ASEAN, including the Kingdom of Thailand, have long standing ties buttressed by cooperation politically, militarily, and economically . In short, the US-ASEAN relationship is a “win-win” for all concerned. The remarks noted above, were followed up by references to the upcoming implementation of a more integrated ASEAN Economic Community (AEC), which is due to become a reality in 2015. To quote further from the aforementioned press release:

The ASEAN-U.S. partnership is grounded in cooperation across political, security, and cultural spheres. Our engagement with ASEAN has led to tangible results in such areas as maritime security, humanitarian assistance, and disaster relief. Our work through the Lower Mekong Initiative has led to positive outcomes supporting the establishment of the ASEAN Economic Community in 2015 and development in the Lower Mekong sub-region. And the United States is committed to capacity building for the ASEAN Secretariat…

As the date for ASEAN economic integration draws increasingly close, the countries which comprise ASEAN (Malaysia, the Philippines, Singapore, Thailand, Brunei, Myanmar, Cambodia, Laos, and Vietnam) would appear to be waiting with bated breath to ascertain whether or not the transition will be a smooth one. It is this blogger’s opinion that the ASEAN Economic integration will in fact turn out to be a rather seamless transition as a great deal of time and effort has been expended by all parties to analyze possible problems and implement solutions prior to the integration itself. The United States has shown (through frequent Presidential visits to the ASEAN region as well as policies which provide support for ASEAN’s initiatives) that it is committed to not only engaging the ASEAN region, but also assisting in creating a mutually beneficial framework for US-ASEAN relations in the future.

Tags: AEC, American Mission ASEAN, American State Department, ASEAN, ASEAN Economic Community, Asean Secretariat, ASEAN Treaty of Amity and Cooperation, ASsociation of Southeast ASian Nations, Brunei, Cambodia, Laos, Lower Mekong Initiative, Malaysia, Myanmar, Singapore, Thailand, the Philippines, US Department of State, US Mission Asean, US-ASEAN relations, Vietnam
Posted in ASEAN Business | No Comments »