Ans by my ques..in easy language..plz..for …

1. It is true to state that the peace and prosperity of countries lay in the establishment and strengthening of regional economic organisations
2. While evolving regional solutions to their historical enmities and weaknesses, both the European Union and the ASEAN have developed alternative institutions and conventions that build a more peaceful and cooperative regional order and have transformed the countries of the region into prosperous economies.
3. For example, Germany fought against England and France in the Second World War but now all these countries are members of the European Union. Earlier under the Marshall Plan, the Organisation for European Economic Cooperation was established and it became a forum where the west European states began to cooperate on trade and economic issues. The EU in fact is the world’s biggest economy with a GDP of more than $12 trillion in 2005.
4. Similarly South East Asian region suffered economically due to European and Japanese colonialisms. The region confronted problems of poverty and economic backwardness. The establishment of ASEAN has accelerated economic growth of the region.