ASEAN Says 2015 Economic Community Is on Track, Working on FTAs
During the recent APEC leaders meeting in Montana, the Secretary-General of the Association of Southeast Asian Nations provided an update of its activities. He said that implementation of the ASEAN Economic Community (AEC) Blueprint continues to be on track showing…
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good progress in ASEAN’s phased implementation of the measures in realizing the AEC by the year 2015. The economic integration goals include the elimination of tariffs, free movement of professionals, freer movement of capital, and a streamlined customs clearance procedure. ASEAN is also determined to play the central role in the emerging regional architecture using the ASEAN Plus One FTAs as building blocks. Current efforts are therefore geared towards determining how best these FTAs could be consolidated.