Abstract:
Despite the fact that, today we are living in the Asian century, and the center of global economic gravity is
shifting towards the Asia, not adequate effort has been made at all levels in understanding and discovering
the possibilities and prospects of constructing a common platform on which SAARC and ASEAN as two
regional setups can work collectively for realizing common objectives. As both the regions are on the track
for attaining greater political stability and economic success, efficient and effective SAARC-ASEAN
cooperation would provide an ideal multilateral mechanism for member states of both ASEAN and SAARC
to pursue their political, economic and social gains and to attain a powerful position in the international
arena. From a South Asian perspective, increasing ties with the ASEAN member states would be a golden
opportunity for the South Asian countries to expand its regional scope and yield better results. Can these
two regional setups, which are at different levels of regional integration join hands and be on a common
platform? What are the main challenges to be overcome if such platform is to be created? And how
South Asia would be benefitted through such a platform? These are the main questions which would be
attempted to answer through the study. The study consists of two main objectives. First, the study attempts
to analyze the prospects and challenges to be overcome in the context of creating a SAARC-ASEAN
platform for greater political, economic, social and cultural cohesion. Secondly, the study shall look into
how such a platform affects South Asia as a region. In order to gain the in depth knowledge required for
the study, a comparative study of SAARC and ASEAN is done with interviews with individuals having a
greater bearing on the foretold objectives. In order to attain the first of the foretold objectives, the study
has made a SWOT analysis where it looks into strengths which could be strengthened further, weaknesses
to be rectified, opportunities to be grabbed and work on and threats to be deterred in the context of
strengthening SAARC-ASEAN relations. Basically, the study results reflect the fact, despite the inadequate
enthusiasm shown and efforts made, there is a wealth of opportunities and space for creating a common
platform what would mutually benefit both the groups and especially for SAARC it would also be a learning
curve for strengthening relations among its member states.