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