Inter-regional economic relations between ASEAN and the EC have been fairly cordial thanks to both historical factors and the current pattern of inter-regional division of labour. Historically, some of the countries in the ASEAN grouping were colonies of countries which now belong to the EC. Post-colonial relationships have been carried forward in one form or another into the new geopolitical matrices. Economically, ASEAN and the EC have factor endowments which are different enough to permit a meaningful commercial relationship that is mutually profitable.
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Notes
Examples of such Cooperation include the setting up of Regional Grain Post-Harvest Research and Training Centre and the launching of the study of commercialisation of ASEAN timber resources. In addition, several projects in scientific and cultural fields have also been mounted.
For an elaborate theoretical discussion, see J. Pelkmans, ‘Economic Cooperation Among Western Countries’, in Challenge to Inter-dependent Economies, New York: Council on Foreign relations, 1979.
Ibid, at p. 97.
See: Narongchai Akrasanee, ‘ASEAN-EEC Trade Relations: An Over-view’, in N. Akrasanee and H.C. Rieger (eds.) ASEAN-EEC Economic Relations, Institute of Southeast Asian Studies, Singapore, 1982.
See: Detlef Lorenz, ‘International Division of Labour or Closer Cooperation? A look at ASEAN-EEC economic relations’, ASEAN Economic Bulletin, Vol. 2, No. 3, March 1986, p. 174.
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© 1997 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Ariff, M. (1997). EC-ASEAN Interaction and Collaboration in a Multilateral Framework: the Economic Aspects. In: Schiavone, G. (eds) Western Europe and South-East Asia. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10262-4_15
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