SUMMIT OVERVIEW

The ASEAN Summit is a semiannual gathering held by the individuals from the Association of Southeast Asian Nations (ASEAN) corresponding to monetary, political, security, and socio-social advancement of Southeast Asian nations.

Fifteenth ASEAN Summit: What Is It

The Association of Southeast Asian Nations (ASEAN) is currently becoming an indispensable global partner and role model, as its vital role in ensuring peace and stability in the Asian region and beyond continues to grow.

The partnership between ASEAN and the United Nations continues to be strengthened, especially after the adoption in November 2011 of the “Joint Declaration on a Comprehensive Partnership between ASEAN and the United Nations” and the adoption of the first ASEAN-United Nations action plan for 2016–2020. The action plan outlines strategic priorities, activities that should be undertaken by both parties, and measures that should be taken by them to further strengthen their cooperation on political security and economic, social and cultural issues, including cross-cutting issues, and also to strengthen cooperation between the secretariats of the two organizations. Meetings are held regularly to discuss progress in strengthening partnerships at the level of secretariats, senior officials and ministries. Since 2000, ASEAN and United Nations summits have been regularly held, in which ASEAN leaders and the United Nations Secretary-General participate.

What Are the Goals of Summit

The Association was created by the decision of the Conference of Foreign Ministers of Indonesia, Malaysia, Singapore, Thailand and the Philippines on August 8, 1967 in Bangkok. The ASEAN Declaration adopted the following objectives:

  • acceleration of economic development, social and cultural progress of the countries of Southeast Asia (Southeast Asia);
  • strengthening peace and regional stability;
  • expansion of active cooperation and mutual assistance in the field of economics, culture, science, technology and training;
  • the development of more effective cooperation in industry and agriculture;
  • expanding mutual trade and raising the living standards of citizens of the participating countries;
  • establishing strong and mutually beneficial cooperation with other international and regional organizations.

ASEAN Summit Structure and Goal

The highest body of ASEAN is the summit of leaders (heads of state and government) of member countries, which takes place twice a year. The summit usually lasts 3 days and is accompanied by meetings with the organization’s partners in the region. The steering and coordinating body is the meeting of the Ministers of Foreign Affairs held several times a year (CMFA), which originate from the period when the summits were held every three years and the CMFA took place a year earlier, preparing for the future meeting.

Meetings of finance ministers and periodically ministers of economics and agriculture are also held annually, but their most important decisions are subject to approval by the ministers of foreign affairs. Day-to-day management is carried out by a standing committee composed of the foreign minister of the presiding country and the ambassadors of the other member countries. The Permanent Secretariat is located in Jakarta and is headed by the Secretary General (term of office is 5 years). The work is also carried out in 29 committees, 122 working groups, which allows conducting more than 300 events annually within the framework of ASEAN.

What is Business Degree and What Role It Plays

A business degree can help you maximize your earning potential by equipping you with the skills necessary to compete for a variety of business careers. Most business degree programs initially offer generalized business studies, and then allow students to take courses in specialized areas as their training advances.

If you're interested in returning to school to earn a business degree, but find that your schedule can't accommodate night classes, or that the hours of your current job would make it difficult for you to complete a course in one semester, you can still get your degree via distance learning.

Distance learning entails telecommuting to online business courses. From the website of an accredited distance learning school, you can take classes, review study materials, compose assignments, and take final standardized tests to help you earn your degree. Distance learning based business degree programs can be tailored to your schedule, allowing you to complete classes without it having a detrimental effect on your current employment or living situation.

Before students select a specialized area of business, many degree programs first ground them in the basics of the field. After a basic skills assessment designed to further tailor the degree program to the student's needs, distance learning business programs offer courses in such topics as business leadership, economy, finance, and management. Students are also trained in topics such as information literacy and global business relations.

After completing the foundation of business degree training, students often chose to specialize in a specific area of business. This might include a focus on marketing and sales, or the financial areas related to accounting and financial consulting. Knowledge in information technology and computer systems is also increasingly essential in the business field. Students who complete degree programs are more likely to find management-level positions than those who don't and are more likely to be promoted than employees who require on-the-job training.

In accordance with the Bangkok Declaration, the objectives of the organization are:

  • establishing peace and stability in the region through adherence to the principles of the UN Charter;
  • accelerating the economic, social and cultural development of its member states through cooperation and mutual assistance;
  • maintaining mutually beneficial cooperation with common and regional international organizations having similar goals.

The chairmanship of the organization is carried out in the established order with a term of one year in accordance with the alphabetical arrangement of countries in English. Accordingly, in 2007, Singapore presides, in 2008 - in order of Thailand, but this requires confirmation. The Foreign Minister is chaired by the Minister of Foreign Affairs of the country that led the organization last year.