East Timor was formally admitted Sunday into the Association of Southeast Asian Nations ( ASEAN) in the group’s first expansion since the 1990s.
The integration of the region’s youngest and poorest nation — with just 1.4 million people — is being hailed as a symbolic step for regional inclusivity. East Timor, also known as Timor-Leste was a Portuguese colony for over four centuries before Indonesia’s 1975 invasion.
ASEAN membership gives East Timor access to the bloc’s free trade deals, investment opportunities and a broader regional market — vital for diversifying an economy long reliant on oil and gas.
The integration of the region’s youngest and poorest nation — with just 1.4 million people — is being hailed as a symbolic step for regional inclusivity. East Timor, also known as Timor-Leste was a Portuguese colony for over four centuries before Indonesia’s 1975 invasion.
ASEAN membership gives East Timor access to the bloc’s free trade deals, investment opportunities and a broader regional market — vital for diversifying an economy long reliant on oil and gas.
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