Asian vs European Union economic integration

Asian vs European Union economic integration.
Nowadays, the European Union (EU) and the Association of Southeast Asian Nations (ASEAN) considered to be the two most advanced regional integration systems in the world. Both organizations have mature and promising economies aimed to build stability; they share common environment, values and future, even though they are different.
As the former ambassador to the United States, a Singaporean international lawyer, professor and dimplot Tommy Koh says, the EU and ASEAN were established with a purpose to promote peace. ASEAN was founded to create a secure environment and peaceful atmosphere in South-east Asia so that the Asean countries could focus their energies on their economic development (Online 1). The main goal of ASEAN includes the improvement of economic, political and social cooperation, also, its objective is to balance political conflicts between these countries that existed as a consequence of decolonization and post-colonial stat...