( here is what Cambodia n other 9 countries need to take action - TopicsExpress



          

( here is what Cambodia n other 9 countries need to take action today-01-01-2015 is #theasianintergration ) ASEAN Vision 2015 I. ASEAN Economic CommunityThe ASEAN Economic Community (AEC) shall be the goal of regional economic integration by 2015. AEC envisages the following key characteristics: (a) a single market and production base, (b) a highly competitive economic region, (c) a region of equitable economic development, and (d) a region fully integrated into the global economy.The AEC areas of cooperation include:a. human resources development and capacity building;b. recognition of professional qualifications;c. closer consultation on macroeconomic and financial policies;d. trade financing measures; enhanced infrastructure and communicationsconnectivity;e. development of electronic transactions through e-ASEAN;f. integrating industries across the region to promote regional sourcing;g. enhancingprivatesectorinvolvementforthebuildingoftheAEC.In short, the AEC will transform ASEAN into a region with free movement of goods, services, investment, skilled labour, and freer flow of capital.II.Declaration on the ASEAN Economic BlueprintThe ASEAN Leaders adopted the ASEAN Economic Blueprint at the 13th ASEAN Summit on 20 November 2007 in Singapore to serve as a coherent master plan guiding the establishment of the ASEAN Economic Community 2015. Each ASEAN Member Country shall abide by and implement the AEC by 2015. The Declaration on the ASEAN Economic Blueprint was signed by the Heads of the ASEAN Member Countries.The ten (10) ASEAN member countries is composed of the following: a. Brunei Darussalamb. Cambodiac. Indonesiad. Lao PDR e. Malaysiaf. Myanmar g. Philippines h. Singapore i. Thailandj. Vietnam
Posted on: Thu, 01 Jan 2015 02:09:28 +0000

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