This organisation is an intergovernmental grouping of ten Southeast Asian nations. It acts as a trade bloc to promote economic, political, and security cooperation among its member nations. Since its inception in 1967, this group has tried to play a central role in Asian economic integration and regional stability. However, its influence has gradually declined due to the expansionary Chinese regime and overlapping claims in the South-China Sea with several of this group's member states. Identify this trade bloc.

South Asian Association for Regional Cooperation (SAARC)

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Shanghai Cooperation Organisation (SCO)

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Asia-Pacific Economic Cooperation (APEC)

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Association of South-East Asian Nations (ASEAN)

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D Association of South-East Asian Nations (ASEAN)
The trade bloc and regional grouping in the above given question are the Association of South-East Asian Nations (ASEAN). It consists of Brunei, Cambodia, Laos, Vietnam, Philippines, Myanmar, Singapore, Thailand, Indonesia, and Malaysia. The overlapping claims of China and ASEAN members over the South-China Sea archipelagos have led to several maritime disputes. The rising economic influence and military might of China has gradually reduced this group's influence in East Asia.

Suggest Corrections

Similar questions

Q. This organisation is an intergovernmental grouping of ten Southeast Asian nations. It acts as a trade bloc to promote economic, political, and security cooperation among its member nations. Since its inception in 1967, this group has tried to play a central role in Asian economic integration and regional stability. However, its influence has gradually declined due to the expansionary Chinese regime and overlapping claims in the South-China Sea with several of this group's member states. Identify this trade bloc.

Q. This organisation is a regional intergovernmental organisation and geopolitical union of states in South Asia. It promotes regional integration and economic cooperation among South Asian states. It was formed in Dhaka on 8 December, 1985. Its secretariat is based in Kathmandu. Identify this organisation from the below-given options.

34. ‘MERCOSUR’ is an economic and political bloc with which India has signed a Preferential Trade Agreement, and is looking to expand the scope of this agreement now. This bloc’s ‘full members’ does NOT include

Q. Which international organisation promotes free trade and economic cooperation in the Asia-Pacific Ocean region and has its headquarters in Queenstown, Singapore?

Q18. Consider the following statements about Pakal Dul Dam and Hydro Project:

1. Regional Comprehensive Economic Partnership (RCEP) is a proposed free trade agreement (FTA) between the ten member states of the Association of Southeast Asian Nations (ASEAN) and the six states with which include India, China, Australia, Japan, South Korea and New Zealand.

2. RCEP would create the world’s largest trading bloc.

Which of the following statements are correct?

Join BYJU'S Learning Program