South East Asia has been the fastest growing region in the world for the past three decades where the economy of Japan and the newly industrializing economies of South East Asia have been formed as the models of accomplishment for other emerging economies. In the past few years, South East Asian countries have also recognized this potential of regional economic integration which is clear from numerous free trade arrangements. At the same time, the economic reorganization and liberalization have paved India’s rapid economic growth and international economic relations. Looking these, India had adopted ‘Look East’ policy’ (LEP) to promote economic integration with East Asia which provided an opportunity to economic transformation and growth to its lagging regions particularly the seven north-eastern states which can help India to shape an Asian economic community. This book has attempted to examines, the way for regional economic cooperation in South East Asia that could become the third pole of the world economy. It also discusses the environment of the trade of Asian countries and the extent to which the interfering approach helped foster growth.