Second, regionalism has come to play a more significant role in
Thai foreign policy. With the 1967 Bangkok Declaration, the Association of Southeast Asian Nations (ASEAN)
was born out of the political will of the majority of nations in Southeast Asia. ASEAN's objectives are to promote
peace while accelerating economic growth, social progress, and cultural development in the region through
joint endeavors in a spirit of equality and partnership. Since 1976, Thailand has expanded its joint activities
with the Association to conquer new horizons, encompassing the fields of trade, tourism, industry, energy,
science and technology, finance and banking, transportation, cultural and social development.