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The EU has significantly increased its development cooperation funds for ASEAN for the period 2014-2020. More than €170 million has been earmarked to fund the ongoing and post-2015 ASEAN regional integration agenda — more than doubling the amount for 2007-2013. In addition, the EU has pledged over €3 billion to reduce poverty and address development gaps in low-income ASEAN countries.
Ongoing cooperation programmes cover a multitude of activities:
The EU also supports the ASEAN bodies in developing their human rights policies (READI Human Rights Facility).
The cooperation agenda for 2014-2020 was agreed at the 21st EU-ASEAN JCC Meeting and focuses on three sectors: