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ASEAN is forty years old this year. Although ASEAN has often been praised as the second most successful regional organization in the world, after the European Union, the truth is that policy-makers in Washington and Brussels do not take it seriously and continue to disrespect the institution. ASEAN suffers from a serious perception problem and, as the saying goes, perception is sometimes more important than reality. ASEAN's first and indeed most important achievement is to keep Southeast Asia peaceful. ASEAN's second notable achievement is its role in maintaining strategic see lanes. ASEAN's third major achievement is the creation of a single market and production base. ASEAN's fourth achievement is that it offers an important paradigm of multiculturalism. Another of ASEAN's achievement has been its crucial role as a convenor facilitator and regional architect. Sixth, and finally, is ASEAN's achievement in drafting a charter to shape its future.