1. This combined GDP grew at an rate of around 6% per year from 2003 to 2007. The economies of the member countries are diverse, although its products include electronic goods, oil and wood. The Governments of ASEAN countries have paid special attention to . In 2006, the ASEAN region had a total trade of US$ 1405 billion. It has been that a free trade area would be established in the region by 2020. The ASEAN leaders have also the ASEAN Vision 2020, which is aimed at forging closer economic integration within the region. The Hanoi Plan of Action, adopted in 1998, serves as the first in a series of actions leading up to the realization of the ASEAN Vision.
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