ASEAN-India and East-Asia summits

Context:

Vice President Jagdeep Dhankhar will represent India at the 19th ASEAN-India and the 17th East Asia summits.

What is Association of Southeast Asian Nations (ASEAN):

It is a regional grouping that promotes economic, political, and security cooperation.
It was established in August 1967 in Bangkok, Thailand with the signing of the Bangkok Declaration by the founding fathers of ASEAN, namely Indonesia, Malaysia, Philippines, Singapore and Thailand.
ASEAN comprises ten Southeast Asian states Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
Its chairmanship rotates annually, based on the alphabetical order of the English names of Member States.
ASEAN countries have a total population of 650 million people and a combined Gross Domestic Product of USD 2.8 trillion.
ASEAN is India’s 4th largest trading partner with about USD 86.9 billion in trade.
The 19th ASEAN-India summit will be held in the Cambodian capital of Phnom Penh.
2022 is being celebrated as a “Friendship Year” to mark the 30 years of relationship.

What is East-Asia Summit:

The concept of East Asia Grouping was first promoted in 1991 by the then Malaysian Prime Minister, Mahathir bin Mohamad.
Established in 2005, it is the Indo-Pacific’s premier forum for strategic dialogue.
Apart from the 10 Association of Southeast Asian Nations member states, the East Asia Summit includes India, China, Japan, the Republic of Korea, Australia, New Zealand, the United States and Russia.
ASEAN leads the forum, and the chair position rotates between the ASEAN Member States annually.
India is one of the founding members of the East Asia Summit.
The 17th East Asia summit will be held in the Cambodian capital of Phnom Penh.
There are six priority areas of regional cooperation within the framework of the East Asia Summit. These are:
- Environment and Energy.
- Education
- Finance
- Global Health Issues and Pandemic Diseases.
- Natural Disaster Management.
- ASEAN Connectivity.