The Association of Southeast Asian Nations (ASEAN) has been working towards enhancing economic cooperation among its member states for many years. In 2015, the framework agreement on enhancing ASEAN economic cooperation was signed at the ASEAN summit in Kuala Lumpur, Malaysia.
The agreement, also known as the Kuala Lumpur Declaration on ASEAN 2025: Forging Ahead Together, outlines the vision and goals for ASEAN’s economic integration in the years to come. The main goals of the agreement include increasing trade and investment within the region, promoting innovation and competitiveness, and reducing poverty and inequality.
The signing of the agreement was a significant milestone in ASEAN’s efforts to achieve greater economic integration. It marked the beginning of a new era of cooperation among the member states, and it demonstrated their commitment to working together towards a common goal.
Since the framework agreement was signed, ASEAN has made significant progress in achieving its economic goals. The region has seen increased trade and investment, and there has been a growing emphasis on innovation and competitiveness. ASEAN has also been working to reduce poverty and inequality through various initiatives and programs.
The signing of the framework agreement on enhancing ASEAN economic cooperation was a key moment in the region’s history, and it has set the stage for continued progress in the years to come. As ASEAN continues to work towards greater economic integration, it will be important to maintain the spirit of cooperation and collaboration that was demonstrated at the Kuala Lumpur summit.
In conclusion, the framework agreement on enhancing ASEAN economic cooperation was signed at the 2015 ASEAN summit in Kuala Lumpur, Malaysia. This important agreement has set the stage for greater economic integration among the member states and has helped to promote innovation, competitiveness, and prosperity in the region.