ASEAN-EU Regional Integration
Coordination between ASEAN and EU started in 1980 after the formulation of a cooperation agreement. The EU has twenty five member countries and engages in several multilateral trade cooperation and relations. The EU is influential because of its extensive economic cooperation with other regional organizations through trade agreements. It is also a central player in the world trade organization.
ASEAN is exemplary for demonstrating consistent excellence in improving and fostering peace, political stability and economic development among its member countries. Other strategies including regional integration have a central contribution towards the achievement of its ASEAN's vision 2020 (Das 139). ASEAN-EU Regional Integration, therefore, is of vast importance in enhancing development in Eastern Asia and Europe through trade.
Comparison between EU and ASEAN
The institutional orientation of the two, ASEAN and the EU, vary on grounds of their formation. Intergovernmental cooperation is the basis of the agreement among ASEAN nations. ASEAN is an intergovernmental organization. Decisions are on the basis of consensus among member countries' foreign ministers. There is no legal commitment that member countries have to fulfill consensus. However, there is an assumption that all members of the organization have a common political will to implement any consensus.
The institutionalization of the EU, however, is different from ASEAN. Decisions made are legally binding to the EU member nations since it operates through the community method. All matters of consensus agreed on being are due for full implementation. The organization reserves the right, through an order from a court of justice, to impose penalties on any member for failure to implement an accord. The difference in institutionalization between the two organizations is among the challenges facing integration.
Motivation and objective of forming the organization
Voluntary regional integrations emanate from motivation to attain social, political or economic objectives set by member nations. Countries from the ASEAN region focus on cooperation to boost trade as a solution to poverty reduction and development. This a major basis of their motivation to ensure the ASEAN-EU integration is successful. The EU is a notably successful regional integration for its high performance in the world...
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