IN THIS EDITION What is AEC 2015 and How Does It Impact the ASEAN Company?There has been much interest and discussion in the media of late regarding the ASEAN Economic Community ("AEC") 2015. This article presents a general outline of what the AEC is and how it will affect companies in South East Asia once it takes effect in 2015.
AEC 2015 was conceived as a vision for the economic integration of the countries in the Association of South East Asian Nations ("ASEAN") by 2015. The main objectives of AEC 2015 include: a single market and production base, a highly competitive economic region, a region of equitable economic development, and a regional economy fully integrated into the global economy.
|