asean: a community of opportunities · aec is the realization of an end goal of economic...

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For inquiries, contact: The ASEAN Secretariat Public Outreach and Civil Society Division 70A Jalan Sisingamangaraja Jakarta 12110, Indonesia Phone : (62 21) 724-3372, 726-2991 Fax : (62 21) 739-8234, 724-3504 E-mail : [email protected] The Association of Southeast Asian Nations (ASEAN) was established on 8 August 1967. The Member States of the Association are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Viet Nam. The ASEAN Secretariat is based in Jakarta, Indonesia. Catalogue-in-Publication Data Know Your ASEAN Economic Community (English version) Jakarta: ASEAN Secretariat, September 2015 337.159 1. ASEAN – Economic Community 2. Economic Integration – Economic Cooperation ISBN 978-602-0980-35-5 General information on ASEAN appears online at the ASEAN Website: www.asean.org The text of this publication may be freely quoted or reprinted, provided proper acknowledgement is given and a copy containing the reprinted material is sent to Public Outreach and Civil Society Division of the ASEAN Secretariat, Jakarta Copyright Association of Southeast Asian Nations (ASEAN) 2015. All rights reserved one vision one identity one community ASEAN: A Community of Opportunities ASEAN: A Community of Opportunities ASEAN: A Community of Opportunities ASEAN: A Community of Opportunities ASEAN: A Community of Opportunities

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Page 1: ASEAN: A Community of Opportunities · AEC is the realization of an end goal of economic integration as espoused in ASEAN Vision to transform ASEAN into a stable, prosperous and highly

For inquiries, contact:

The ASEAN SecretariatPublic Outreach and Civil Society Division70A Jalan SisingamangarajaJakarta 12110, IndonesiaPhone : (62 21) 724-3372, 726-2991Fax : (62 21) 739-8234, 724-3504E-mail : [email protected]

The Association of Southeast AsianNations (ASEAN) was establishedon 8 August 1967.

The Member States of theAssociation are Brunei Darussalam,Cambodia, Indonesia, Lao PDR,Malaysia, Myanmar, Philippines,Singapore, Thailand and Viet Nam.

The ASEAN Secretariat is based inJakarta, Indonesia. Catalogue-in-Publication Data

Know Your ASEAN Economic Community(English version)Jakarta: ASEAN Secretariat, September 2015

337.1591. ASEAN – Economic Community2. Economic Integration – EconomicCooperation

ISBN 978-602-0980-35-5

General information on ASEAN appears onlineat the ASEAN Website: www.asean.org

The text of this publication may be freelyquoted or reprinted, provided properacknowledgement is given and a copycontaining the reprinted material is sent toPublic Outreach and Civil Society Division of theASEAN Secretariat, Jakarta

Copyright Association of Southeast AsianNations (ASEAN) 2015.All rights reserved

one visionone identity

one community

ASEAN: A Community of OpportunitiesASEAN: A Community of OpportunitiesASEAN: A Community of OpportunitiesASEAN: A Community of OpportunitiesASEAN: A Community of Opportunities

Page 2: ASEAN: A Community of Opportunities · AEC is the realization of an end goal of economic integration as espoused in ASEAN Vision to transform ASEAN into a stable, prosperous and highly

AEC will create a more conducive environmentfor business to flourish through transparency,predictability and consistency in start-up,expansion and operations, and access to oneof the most dynamic market in the region andbeyond.

AEC is the realization of an end goal ofeconomic integration as espoused in ASEAN

Vision to transform ASEAN into a stable,prosperous and highly competitive region

with equitable economic development, andreduced poverty and socio-economic

disparities.

ASEAN is committed to pursue closer and mutually beneficial integration among its MemberStates and its people to promote peace, stability, and shared prosperity in the region, throughthe establishment of a Community which will be built upon three pillars including political security,economic, and socio-cultural cooperation.

ASEAN EconomicASEAN EconomicASEAN EconomicASEAN EconomicASEAN EconomicCommunityCommunityCommunityCommunityCommunity

1 Brunei Darussalam 17,108 41,424.4 14,180.7 0.62 Cambodia 16,771 1,104.5 29,654.6 1.73 Indonesia 983,571 3,900.5 354,471.5 22.34 Lao PDR 11,676 1,723.9 5,388.8 0.95 Malaysia 326,346 10,784.1 443,079.4 10.76 Myanmar 62,802 1,214.7 27,256.7 0.97 Philippines 284,910 2,816.0 129,566.9 6.28 Singapore 307,872 56,286.8 776,016.0 72.19 Thailand 373,225 5,436.1 455,525.9 11.510 Viet Nam 186,224 2,054.8 293,777.1 9.2

TOTTOTTOTTOTTOTALALALALAL 2,570,5052,570,5052,570,5052,570,5052,570,505 4,129.8 4,129.8 4,129.8 4,129.8 4,129.8 2,528,917.42,528,917.42,528,917.42,528,917.42,528,917.4 136.2 136.2 136.2 136.2 136.2

No.No.No.No.No. AMSAMSAMSAMSAMS GDPGDPGDPGDPGDP GDP per CapitaGDP per CapitaGDP per CapitaGDP per CapitaGDP per Capita TTTTTraderaderaderaderade FDIFDIFDIFDIFDI(US$ million) (US$) (US$ million) (US$ billion)

ASEAN KEY FIGURESASEAN KEY FIGURESASEAN KEY FIGURESASEAN KEY FIGURESASEAN KEY FIGURES(As of June 2015)

AEC is the realization of an end goal ofeconomic integration as espoused in ASEAN

Vision to transform ASEAN into a stable,prosperous and highly competitive region

with equitable economic development, andreduced poverty and socio-economic

disparities.

What does ASEAN EconomicWhat does ASEAN EconomicWhat does ASEAN EconomicWhat does ASEAN EconomicWhat does ASEAN EconomicCommunity (AEC) entails?Community (AEC) entails?Community (AEC) entails?Community (AEC) entails?Community (AEC) entails?

AEC will create a more conducive environmentfor business to flourish through transparency,predictability and consistency in start-up,expansion and operations, and access to oneof the most dynamic market in the region andbeyond.

Why an ASEAN Community?Why an ASEAN Community?Why an ASEAN Community?Why an ASEAN Community?Why an ASEAN Community?

What benefits can AEC bringsWhat benefits can AEC bringsWhat benefits can AEC bringsWhat benefits can AEC bringsWhat benefits can AEC bringsto the peoples in ASEAN?to the peoples in ASEAN?to the peoples in ASEAN?to the peoples in ASEAN?to the peoples in ASEAN?

The ASEAN Economic Community (AEC)shall be the goal of regional economicintegration by 2015.

AEC envisages the following keycharacteristics:(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.

Pillar 1Pillar 1Pillar 1Pillar 1Pillar 1Single MarketSingle MarketSingle MarketSingle MarketSingle Market& Production& Production& Production& Production& Production

BaseBaseBaseBaseBase

Pillar 2Pillar 2Pillar 2Pillar 2Pillar 2Competi t iveCompeti t iveCompeti t iveCompeti t iveCompeti t iveEconomicEconomicEconomicEconomicEconomic

RegionRegionRegionRegionRegion

Pillar 4Pillar 4Pillar 4Pillar 4Pillar 4IntegrationIntegrationIntegrationIntegrationIntegration

into theinto theinto theinto theinto theGloba lGloba lGloba lGloba lGloba l

EconomyEconomyEconomyEconomyEconomy

Pillar 3Pillar 3Pillar 3Pillar 3Pillar 3EquitableEquitableEquitableEquitableEquitableEconomicEconomicEconomicEconomicEconomic

DevelopmentDevelopmentDevelopmentDevelopmentDevelopment

• Free flow ofgoods

• Free flow ofservices

• Free flow ofinvestment

• Freer flowof capital

• Free flow ofskilled labor

• P r i o r i t yIntegrationSectors

• Food,agricultureand forestry

• Competitionpolicy

• Consumerprotection

• Intellectualp r o p e r t yrights

• Infrastructuredevelopment

• Taxation• E-commerce

• SMEdevelopment

• Initiative forASEANIntegration

• Coherentapproacht o w a r d se x t e r n a leconomicrelations

• Enhancedparticipationin globals u p p l ynetworks

HUMAN RESOURCES DEVELOPMENT RESEARCH AND DEVELOPMENT

STRASTRASTRASTRASTRATEGIC SCHEDULE OF THE AEC BLUEPRINTTEGIC SCHEDULE OF THE AEC BLUEPRINTTEGIC SCHEDULE OF THE AEC BLUEPRINTTEGIC SCHEDULE OF THE AEC BLUEPRINTTEGIC SCHEDULE OF THE AEC BLUEPRINT(2008-2015)(2008-2015)(2008-2015)(2008-2015)(2008-2015)

ASEAN ECONOMIC COMMUNITYASEAN ECONOMIC COMMUNITYASEAN ECONOMIC COMMUNITYASEAN ECONOMIC COMMUNITYASEAN ECONOMIC COMMUNITY

Source: ASEANstats, ASEAN Secretariat