SEACO

About the company

 

The need for strengthening regional socio-economic cooperation has never been greater. Against the global backdrop of the World’s Financial Crisis and recession, the breakdown in WTO Talks, Climate Change; coupled with an EU-style East-Asian Economic Community, the OIC countries in South and Southeast Asia need to take steps to enhance regional trade, investment and overall cooperation. However, no framework for similar institutional cooperation for social-economic cooperation exists among OIC countries In South and South Asian Region. It has therefore, been proposed that the creation of the South East Asian Cooperation (SEACO) Forum will bring about the desired integration among the participating states comprise Bangladesh, Brunei, Indonesia, Malaysia and Maldives.