of the Asian Region What is Greater Integration? Integration -the act of bringing together smaller components into a single. system that functions as one. -the ‘convergence of life chances without convergence of lifestyles. What is an Asian region? ASIA: the world’s largest and most diverse continent. It occupies the eastern four-fifths of the giant Eurasian landmass. vast area always carries the potential of obscuring the enormous diversity among the regions it encompasses bounded by the Arctic Ocean to the north, the Pacific Ocean to the east, the Indian Ocean to the south, the Red Sea (as well as the inland seas of the Atlantic Ocean—the Mediterranean and the Black) to the southwest, and Europe to the west. REGIONS OF ASIA: Central Asia (Tajikistan, Uzbekistan, Kazakhstan, Turkmenistan, Kyrgyzstan) East Asia (China, Mongolia, North Korea, South Korea, Japan, Hong Kong, Taiwan, Macau) South Asia (Sri Lanka, Bangladesh, India, Afghanistan, Pakistan, Bhutan, Nepal, the Maldives) Southeast Asia (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Timor Lester, Vietnam, Christmas Island, Cocos Islands) Western Asia (Georgia, Armenia, Azerbaijan, Turkey, Cyprus, Syria, Lebanon, Israel, Palestine, Jordan, Iraq, Iran, Kuwait, Bahrain, Qatar, Saudi Arabia) Factors Leading to a Greater Integration 1) MUTUAL BENEFIT - when it comes to trade, these nations can readily supply each other’s needs. 2) TRADE - The world economy is intertwined with each other whether we like it or not. We all want or need something from another part of the world, and global trade facilitates that. 3) SIMILAR CULTURE - The cultures of Asia is diverse but they do share many things. This makes it an easier fit during times of negotiations. The people of this region are generally alike in appearance, temperament which is seemingly peaceful. They tend to get along quite well even on an individual level. 4) COMMON GOALS - The Asian region recognizes the mutual benefit of a slow integration. The territories involved are not far from each other and the industriousness of its population can work as a powerful negotiating block against those from other parts of the world. 5) SIMILAR SECURITY NEEDS - aside from small localized rebels, this association needs only to contend with foreign-supported terrorist groups which are usually handled well. 6) TRADE AGREEMENTS (FTA) FREE TRADE AGREEMENT
-Treaty (such as FTAA or NAFTA) between two or more
countries to establish a free trade area where commerce in goods and services can be conducted across their common borders, without tariffs or hindrances but (in contrast to a common market) capital or labor may not move freely. What are Regional Trading Agreements? Regional trading agreements refer to a treaty that is signed by two or more countries to encourage free movement of goods and services across the borders of its members. CONCLUSION Factors such as mutual benefit, trade, similar culture, common goals, similar security needs, and trade agreements are important in leading to the greater integration of the Asian region because they create a foundation for cooperation and collaboration. Thank You for Listening!