EU-ASEAN COMPASS helps ASEAN integration through the availability and utilization of more timely, comparable and relevant information. The project facilitates monitoring and decision-making, notably by ASEAN governments acting individually and at ASEAN level. It will run for four years (2014-2018) with the support of a core team of three key experts and a team of short-term experts with extensive experience in the project fields and in the region.
Enhancing ASEAN Regional Integration
With more than 625 million people and a GDP estimated at $2.4 trillion in 2013, ASEAN is an dynamic economic region. ASEAN receives more foreign direct investment than China – and the EU is the No 1 investor. The EU is a top trading partner for ASEAN, and the economic relationship between the ASEAN and the EU keeps strengthening consistently.
The ASEAN Charter of 2008, the Roadmap for an ASEAN Community 2009-2015, as well as the ASEAN Connectivity Master plan of 2010 augment significantly the ambition of ASEAN integration. Increasing capacity for implementing and monitoring these integration blueprints as well as statistical evidence to build integration policies is required to execute the vision of ASEAN leaders.
Building ASEAN statistical and monitoring capacities
Funded by the European Commission, the EU-ASEAN Statistical Capacity Building Project (COMPASS) is based on the central premise that ASEAN’s internal integration as well as its integration into the global economy serve to accelerate economic development in the less developed countries in the region and to narrow the gap among its Member States.
Building on achievements of the EU-ASEAN Statistical Capacity Building Programme (EASCAB, 2009-2013), COMPASS helps ASEAN integration through the availability and utilization of more timely, comparable and relevant information. COMPASS facilitates monitoring and decision-making, notably by ASEAN governments acting individually and at ASEAN level.