ASEAN, an abbreviation for Southeast Asian Nations was found in 1967 by governments of Malaysia, Indonesia, Singapore, Philippines and Thailand. It aims to promote economic prosperity as well as to make social progress while also encouraging cultural development and enhance security and peace in Southeast Asia. Brunei. Vietnam and Myanmar joined the IGO later on. Association of South East Asia (ASA), formed by Philippines. Federation of Malaya and Thailand, was replaced by ASEAN.
Its mission is to make peace and collective prosperity prevail while also working on economic and trade cooperation projects within the ASEAN countries and with the rest of the world. ASEAN also has the goal of ensuring joint technical and research cooperation amongst its member governments. ASEAN played an integral role in mediating negotiations amongst Asia-Pacific nations to ultimately form world’s largest free trading blocs.