The idea of ​​an East Asian community has a long history, but has gained considerable popularity since the late 1990s. The Asian financial crisis of 1997-98 highlighted the need for a regional bloc that aimed to connect countries in the region. Since then, numerous community building initiatives such as ASEAN+3, Chiang Mai Initiative and East Asia Summit have been implemented. Furthermore, the region has entered into a number of bilateral and multilateral free trade and economic partnership agreements. These projects were driven by a sense of shared purpose among East Asian countries to build a more Asian-oriented community. The region enjoys one of the highest growth rates in the world and increased intra-regional trade, investment, banking and financial linkages, technology transfer, communication, cultural and personnel exchanges have contributed to increasing cohesion, regional connection and interdependence. As East Asian countries have become increasingly interdependent, the region's leaders have become more determined to build a framework for greater regional cooperation and integration. Regionalism has become a process in which East Asian nations can competently manage globalization and growing interdependence. An East Asian community should ideally pursue the goals of preventing conflicts and promoting peace among East Asian nations, achieving closer economic cooperation in areas such as trade, investment, finance and development, and promoting human security. This community would be guided by respect for internationally accepted principles and norms, including mutual respect for international law. Furthermore, the community would avoid duplication of the work of other regional executives and... middle of paper... its neighbors. Undoubtedly, the time has come to vigorously pursue a multilateral framework like that of East Asia. The community couldn't be more timely. Such a community would be vital to promoting peace and managing East Asia's historic rise on the global stage. The growing interdependence of the region's economies and the abundance of transnational challenges provide the region with the opportunity and necessity to work together through a multilateral framework. While there are obvious obstacles to overcome and structural issues to resolve, they are not at all restrictive in forming such a community as long as East Asian regionalism is issue-driven. It is time for the East Asian Community to produce an institutional response that provides the necessary security guarantees, monitors compliance and facilitates a more prosperous region.