25 years of ASEAN economic cooperation: a critical overview

Amin, Nicholas (1993) 25 years of ASEAN economic cooperation: a critical overview. Jurnal Akademik UiTM Sarawak: 5. pp. 33-45. ISSN 0128-2635
Abstract

ASEAN has come of age with the marking of its Silver jubilee recently. In view of increasing globalisation of trade, the time is ripe for ASEAN to play its dominant role in promoting inter and intra-regional trade. This paper attempts to appraise ASEAN’s past and future role in a dynamic world setting - the New World Economic Order. It traces its development and areas of economic cooperation from its inception till today including failures and successes and also the implementation of Common Effective Preferential Tariff (CEPT) scheme in an effort to move ASEAN towards a free trade area - ASEAN Free Trade Area (AFTA). It is hoped that AFTA, which will be expanded to include other ASEAN neighbouring countries, will further cement the economic integration in the region.

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