unity in diversity point
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Unity in Diversity: ASEAN Perspective: Economic Cooperation
The purposes of the establishment
The purposes of the establishment are to encourage ASEAN member countries to become a single market, exchange labors, goods, services, investments, and fund freely, improve the ability of ASEAN citizen in any competition, reduce the gap of development, and make ASEAN benefit from being a part of the world and be able to face more changes and challenges then
Dominant features of ASEAN Economic
Community
Be a single market
Be a high potential region
The equality of economic development
Integrating into the global economy
Economic Cooperation in ASEAN
ASEAN Free Trade Area the removal of obstacles to freer trade among member countries by reducing tariffs to 0-5% on traded manufactured goods and processed agricultural products
ASEAN Free Trade Area -the removal of non-tariff barriers and quantitative restrictions that limit the entry of imports
Other Economic Cooperations Covering several fields such as
►Finance ► Information And Technology,► Telecommunication ► Agriculture ► Transportation ► Energy ► Mine ► Tourism
All products would be reduced tax to 0 percent by 2010 (for senior members) and 2015 (for new members).
Mutual Recognition Arrangements (MRAs)
Engineer
Nurse
Architect
Surveyor
Medical Practitioners
Dental Practitioners
Accountant
TourismProfession
als
Video
Opportunities when becoming economic
community
First, It is become a highly influential market.
Secondly, international trade among ASEAN countries will be more expanded.
Next, being a community will develop a connection and telecommunication among ASEAN members.
The last one integration into the ASEAN Economic Community makes a huge regional market.
Difficulties in Establishing AEC
Unpreparedness of new member (CLMV)
It might take them a long time development gap.
Unpreparedness of both senior and new member
They cannot accept some conditions in the economic integration seeing that many local business sectors want other measures. They don’t want to have tax reduction.
What ASEAN citizen should aware when
AEC upcoming
Be ready and flexible to adjust to the situations
Increase their English skills
Understand ASEAN history and cultures to avoid conflicts
Own outstanding skills
Apply Project Based Learning (PBL)
Organization should adjust their cultures and systems to support the operations with diverse group of people
How to be Unity in Diversity
Be open minded attitude toward other countries
Different political systems
Changing battlefield to trade area
lessen the role of capitalism
Activities for the youth of ASEAN countries
Training programs for ASEAN citizens
More channels and guidelines
Q&A Session