In order to promote International trade
and Foreign direct investment (FDI) flows between the Association Southeast Asian Nations (ASEAN)
and the European Union, both economic blocs
signed the Trans-Regional ASEAN - European Union trade Initiatives (TREATI) which is a policy
dialog mechanism and process in economic and foreign trade related topics.
total ASEAN external trade with the European Union countries decreased to 171 billion
USD in 2009
(a fall of
16% from 2008) owing to the global financial crisis.
European Union is the top export destination
of ASEAN economies (11% of total exports of ASEAN in 2009).
The European Union is the 2º trade partner after the
People's Republic of China owing to higher ASEAN (Brunei Darussalam,
Malaysia, Philippines, Singapore,
Myanmar and Vietnam) imports from
The Association of Southeast Asian Nations (ASEAN) received USD 7 billion of
Foreign direct investment (FDI)
from the European Union in 2009 (18% of the total Foreign direct investment inflows into the ASEAN in 2009).
Example of the course Trans-Regional ASEAN European