ABSTRACT
The end of the cold war created the political environment that facilitated proliferation of regional organizations, both military and non-military in nature. In the non-western world, Association of South-East Asian Nations (ASEAN) highlights the success of regional cooperation. In the post-cold war era, the focus of international relations has shifted to Asia for reasons both pleasant and ugly. The economic growth of China, Japan and the ASEAN members has caught the eye of the international community, whereas the spread of nuclear weapons among Asian countries has alarmed it. India’s North-East Region has economically stagnated, and needs to be opened to the external world to improve the economic situation of the area. Economists from Bangladesh, China, India and Myanmar countries and outside have shown complementarities of the region in terms of resources. They reinforce these resource complementarities with technological complementarities, making the case for cooperation very strong.
