Competition success magazine use full for civil services students published this article page no 21 the economic community would also like to improve the existing asean dispute settlement mechanism to resolve economic disputes. asean has focused on creating a free trade area (fta) for investment labour and services. the us and china have already moved fast to negotiate ftas with asean. asean is rapidly growing into a very important regional organisation. its vision 2020 has defined an outward-looking role for asean in the international community. this builds on the existing asean policy to encourage negotiation over conflicts in the region. thus asean has mediated the end of the cambodian conflict the east timor crisis and meets annually to discuss east asian cooperation. the current economic strength of asean especially its economic relevance as a trading and investment partner to the growing asian economies such as india and china makes this an attractive proposition. during the cold war years indian foreign policy did not pay adequate attention to asean. but in recent years india has tried to make amends latest issue competition success magazine.
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