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ID140608
Title ProperRegional diplomacy
Other Title InformationSAARC, ASEAN, BRICS & SCO
LanguageENG
AuthorKamboj, Anil
Summary / Abstract (Note)The SAARC was designed to improve both the economic and social progress of its member states. But, unfortunately ever since its formation there have been hindrances to the regional cooperation. Differences in political system among the member countries make regional cooperation difficult. Asean countries must decide whether to retreat into protectionism or reaffirm their commitment to a more open approach. It does not have the kind of deep institutional ties and infrastructure links that bind together the European Union’s members. If integration strategy is fully implemented and capturing a larger share of global manufacturing, the Asean countries could gain $280-625 billion in annual gross domestic product (GDP) by 2030.
`In' analytical NoteWorld Focus Vol. 36, No.9; Sep 2015: p.5-12
Journal SourceWorld Focus 2015-09 36, 9
Key WordsSAARC ;  ASEAN ;  SCO ;  Regional Diplomacy ;  BRICS