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| Details |
| Case Code: CLIBE013 |
| Case Length: 3 pages |
| Period: -- |
| Pub Date: 2005 |
| Teaching Note: Not Available |
| Subject :Business Environment |
| Price:Rs.50 |
| Organization :-- |
| Industry :-- |
| Countries : -- |
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India and the ASEAN * |
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| This caselet discusses the formation of the Association of Southeast Asian Nations (ASEAN) and its benefits to member countries. It touches on the increasing trade between India and ASEAN countries. |
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Issues: |
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- Advantages offered to member countries by AFTA.
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- U.S facing shortage of funds.
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- Inclination of ASEAN member countries towards India.
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- Different trade agreements signed by India.
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| Introduction |
The Association of Southeast Asian Nations (ASEAN) was established on August 8, 1967, in Bangkok. By 2005, there were ten countries in the ASEAN - Malaysia, Indonesia, Philippines, Singapore and Thailand, Brunei Darussalam, Vietnam, Laos, Myanmar and Cambodia.
Prior to the formation of ASEAN, trade among the member countries was insignificant. After the establishment of ASEAN, the intra-ASEAN trade was estimated to be between 12 to 15 percent of total international trade between 1967 and early 1970.
In 1992, during the fourth ASEAN Summit in Singapore, ASEAN Free Trade Area (AFTA),...
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| Questions |
1. Do you think good relations with ASEAN can boost India's foreign trade?
2.AFTA was aimed at increasing the ASEAN region's competitive advantage as a single production unit by eliminating tariff and non-tariff barriers among the member countries. Do you think the ASEAN Free Trade Area (AFTA) would benefit all the member countries of ASEAN?
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Keywords |
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Association of Southeast Asian Nations (ASEAN), Association of Southeast Asian Nations (ASEAN), ASEAN Regional Forum, Asian Region Forum, free trade area (FTA)
* This caselet is intended for use only in class discussions.
** More comprehensive case studies are priced at Rs.200 to Rs.700 (US $5 to US
$16) per copy.
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