The Association of Southeast Asian Nations(ASEAN) includes ten countries from south-east Asia: Indonesia, Malaysia, the Philippines, Singapore and Thailand, Burma (Myanmar), Cambodia, Laos, and Vietnam. The group aims to promote peace, economic stability and growth in the region.
The population of this region is 700 million. The region has seen a rapid growth in it's middle class and a corresponding growth in consumption.
The main trading partners of the region are China, US, Japan and EU. The ASEAN countries have securing good trade agreements with these countries.
The ASEAN countries are also looking at strengthening trade agreements with China, Japan, India, Australia, New Zealand and South Korea providing access to a market of 3 billion inhabitants, 1/3 of the world's GDP and 1/2 of the world's population.
ASEAN countries are expecting to benefit from considerable foreign direct investment from China and Japan in the coming years. This investment is expected to lead to impressive infrastructual development.
Research and Experts are providers of market research reports on the ASEAN region.