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The Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA) is a cooperation initiative established in 1994 to spur development in remote and less developed areas in the four participating Southeast Asian countries. [1] It is home to ecologically important areas.
The IMT-GT is a strategic framework of international economic co-operation by the approval of leaders from the 3 countries to develop the area in the southern part of Thailand, some areas of Malaysia (Kedah, Perlis, Perak, Penang, Selangor, Kelantan, Melaka, Negeri Sembilan) and some areas of Indonesia (Aceh, North Sumatera, West Sumatera, Riau ...
The SIJORI Growth Triangle is a partnership arrangement between Singapore, Johor (in Malaysia), and Riau Islands (in Indonesia) that combines the competitive strengths of the three areas to make the subregion more attractive to regional and international investors. More specifically, it links the infrastructure, capital, and expertise of ...
ASEAN–Hong Kong, China Free Trade Area: AHKFTA 11 July 2014 12 November 2017 13 October 2019 India: ASEAN–India Free Trade Area: AIFTA 7 March 2004 13 August 2009 1 January 2010 Japan: ASEAN–Japan Comprehensive Economic Partnership: AJCEP 14 April 2005 14 April 2008 1 February 2009 South Korea: ASEAN–Korea Free Trade Area: AKFTA
Indonesia Malaysia and Philippines), in 2022 (for Thailand and Vietnam) according to local statistics This is a list of ASEAN country subdivisions by GDP are based on official exchange rates market exchange rates (Nominal) and Purchasing Power Parity (PPP) methodology.
On 24 December 1946, the State of East Indonesia was formed covering the same area (excluding Western New Guinea). It was a component of the United States of Indonesia , and was dissolved into the unitary Republic of Indonesia in 17 August 1950. [ 2 ]
The Growth Triangle has been the result of numerous meetings and negotiations between the three nations. The Minister of Economy and Development of Timor-Leste, João Gonçalves, proposed the growth triangle to President of Indonesia Susilo Bambang Yudhoyono as a project to support the economies and institutions of the involved nations. [3]
ASEAN (average) 0.609 5 Vietnam: 0.607 6 Philippines: 0.590 7 Indonesia: 0.588 ― World (average) 0.576 Low human development 8 Myanmar: 0.475 9 Laos: 0.466 10 Cambodia: 0.438 Observers Low human development 11 Papua New Guinea: 0.407 11 East Timor: 0.407