Membership of the Association of Southeast Asian Nations (ASEAN)
ASEAN is a regional intergovernmental organisation that consists of 10 Southeast Asian countries: Cambodia, Brunei, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
Cambodia became a member of ASEAN in 1999, and has since gained a number of advantages from being a part of this bloc. These advantages include:
Increased trade and investment
ASEAN has a combined GDP of over $3 trillion, and Cambodia’s membership has enabled it to penetrate this enormous market. Consequently, ASEAN membership has contributed to an increase in trade and investment in Cambodia, which has helped grow the country’s economy.
Free trade agreement
ASEAN members are beneficiaries of a free trade agreement with China, Japan and South Korea, in addition to the other members of ASEAN.
Improved infrastructure
ASEAN has invested in Cambodia through infrastructure projects, for instance, building roads, bridges and airports. These developments have significantly enhanced Cambodia’s connectivity and made it a more attractive destination for businesses.
Enhanced security cooperation
ASEAN plays a vital role in promoting peace and stability in Southeast Asia, which is significant to Cambodia, given the country’s historical background of conflict.
Increased soft power
Cambodia’s ASEAN membership has provided the country with an international platform that has helped raise its profile and promote its cultural heritage.
Reduced poverty
ASEAN membership has helped reduce poverty in Cambodia through economic growth. The poverty rate in Cambodia has decreased from 39% in 1999 to 18% in 2022.
Improved education
ASEAN has supported education in Cambodia by establishing the ASEAN University Network, which has improved the education system’s quality and accessibility to diverse learners.
Environmental protection
With the aid of ASEAN, Cambodia has established protected areas and implemented sustainable forestry practices, which is vital for the environment’s preservation.
Cambodia has benefited significantly from being a member of the ASEAN bloc, and it has contributed to the country’s growth and development. As a result, the intergovernmental organisation continues to be a valuable partner for Cambodia, fostering mutual cooperation and economic stability.
