Context
The Association of Southeast Asian Nations (ASEAN) is economically strong and dynamic, yet a diverse region with regional disparities. ASEAN and its 10 members, Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei Darussalam, Cambodia, Lao PDR, Myanmar and Vietnam, have a long history and tradition, with the perspective of further expansion. However, the 10 member state economies are at vastly differing development stages, although they all share immense growth potential. ASEAN is a major global hub of manufacturing and trade, as well as one of the fastest-growing consumer markets in the world. However, to capitalise on these strengths, ASEAN countries need to develop human capital and skills.
Objective
ASEAN networks are strengthened and regional integration is supported through the implementation of the ASEAN Community Concept blue print and sectoral policy dialogues, leading to poverty reduction through inclusive and sustainable growth, increased leverage as a union, and enhanced social opportunities.
Approach
The Enhanced Regional EU-ASEAN Dialogue Instrument (E-READI) is a demand-driven cooperation instrument responding to the needs and priorities of the EU and ASEAN by facilitating dialogue in the following priority policy areas (aligned with the three ASEAN community pillars): (1) policy and security; (2) economy; (3) socio-culture.