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Today, we can observe that there is relative peace and stability in the Asia Pacific region. There remains traditional security flashpoints such as the South China Sea, Taiwan and North Korea, which could challenge the current peace and stable regional order. More recent issues such as energy security, transnational crime and human security add to these growing challenges.1 In an increasingly globalised world, the challenges faced by the Asia Pacific region are large, involve many countries and therefore require a multilateral approach to resolve.

Regional security institutions do contribute significantly to the maintenance of peace and stability in the Asia Pacific region