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ASEAN May Soon Become 'the New EU'

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ASEAN-Russia summit - Sputnik International
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Members of the Association of Southeast Asian Nations (ASEAN) intend to devise a structure similar to that of the European Union, the organization's secretary-general said Thursday.

President Vladimir Putin's meeting with President of Asian Infrastructure Investment Bank Jin Liqun - Sputnik International
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AIIB Claims Global Banks Keen to Invest in Russia-ASEAN Projects
SOCHI (Sputnik) — The secretary-general added that there were plenty of opportunities for cooperation between ASEAN and Russia, in particular in the spheres of economy, information and technology development.

"We are building a structure similar to the European Union, and creating such mechanisms that could contribute to our region's development," Le Luong Minh stated at the Russia-ASEAN Business Forum in Russia's resort city of Sochi.

On May 19-20, Sochi hosts the Russia-ASEAN summit, marking the 20th anniversary of Russia-ASEAN relations. The association comprises Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Cambodia, Laos, Myanmar and Vietnam.

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