Dialogue between the EU and ASEAN will have spanned 50 years by 2027. On 1 December 2020, the EU and ASEAN became Strategic Partners, opening a new chapter in their longstanding relationship. The EU and ASEAN are key partners in the Indo-Pacific, with a shared strategic interest in advancing peace, stability, security and prosperity in both regions.  During the EU-ASEAN 45th Anniversary Commemorative Summit, the EU also pledged to mobilise €10 billion for projects in ASEAN under the Global