ASEAN 2015 INTEGRATION AND IMPLICATION FOR PHYSICAL EDUCATION AND SPORT

Abstract

ASEAN formed on 8th August 1967 will be integrated in 2015 with a charter a legal frameworkand based on 3 pillars:-(1) Socio-Cultural Community(2) Economic Community(3) Political-Security CommunityThe future of our ASEAN people depends on ASEAN 2015 Integration.(1) ASEAN population is the 3rd largest in Asia with 600 million after India,China.(2) Our economy is valued at US$1.85 trillion in 2008. ASEAN is the 3rd largest in Asia afterJapan and China with GDP$1506 billion (2008), China $4402, Japan$4924. ASEAN GDP increased170% over the past decade.(3) US foreign direct investment (FDI) into ASEAN totaled $130 billion (2007) the largestdestination for US in Asia.(4) ASEAN is the 3rd largest US trading partner in Asia after China and Japan.(5) US exports to ASEAN$66 billion in 2008 up 6.2% from 2002.(6) ASEAN’s 3rd largest export market is US-12%, Japan-12%, China-10%, India-3%.(7) ASEAN does 6% of all world trade.