The Peace and prosperity of countries lay in the establishment and strengthening of regional economic organisations. Justify this statement.

Solution

The ASEAN Regional Forum, which is founded on the idea that territorial disputes should not escalate into violent conflict, and the European Union are represented by this statement:
1. With the Vision 2020 calling for an outward-looking role in the international community and to promote negotiations over regional conflicts, the ASEAN is rapidly expanding as a regional organisation.
2. The ASEAN Regional Forum (ARF) upholds security and foreign policy coordination.
3. The funding for the EU has also been based on its shared foreign and security policy and its collaboration in the areas of justice and home affairs.
4. The European Union has expanded its partnership while adding new members, particularly from the Soviet bloc.

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