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