Word: asean
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Dates: during 1967-1967
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...sports-shirt diplomacy that the five's remaining stumbling block was what to call their creation. The logical first choice was SEAARC, for Southeast Asian Association for Regional Cooperation, but Filipino tongues stumbled over the construction. Those agile acronymists, the Indonesians, came to the rescue with ASEAN-and the Association of Southeast Asian Nations was christened...
...contagion of cooperation was not limited to Southeast Asia. Even as ASEAN was being born, Japan met one of the toughest tests of its regional role in the Northwest Pacific, by agreeing to $270 million in credits to finance South Korea's second five-year plan and the purchase of ships and fishing equipment. The Koreans, who still remember long, painful years of Japanese colonial rule, reciprocated in a way that would have been unthinkable a few years ago: they agreed to conduct the talks in Japanese...