Studia Ekonomiczne i Regionalne (Sep 2024)

ASEAN and European Union addressing the challenges of the 21st century

  • Chytopoulou Eleni

DOI
https://doi.org/10.2478/ers-2024-0021
Journal volume & issue
Vol. 17, no. 3
pp. 373 – 407

Abstract

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The European Union (EU) and the Association of Southeast Asian Nations (ASEAN) are trade partners and believe in rules-based multilateralism. They have developed strong ties despite starting from different starting points and having different standards. The EU is a mature regional cooperation scheme(union) with a highly institutionalized and legalized architecture. At the same time, ASEAN is an intergovernmental association with low institutionalization and legalization in which decisions are made by consensus. After almost fifty years of establishing a diplomatic dialogue between the EU and ASEAN, their cooperation has been of essential importance in maintaining peace and balancing great power rivalries.

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