But what is all the fuss about??
Well in a nutshell 2015 will see the 10 countries that make up ASEAN (Association of South East Asian Nations) all become members of the AEC (ASEAN Economic Community).
This will allow travel and trade between these countries to become quicker and easier. Individuals from these countries will only need their passports to travel around the region. Furthermore, the area will also become a free trade zone enabling a greater flow of investment, capital and labour throughout the 10 member-countries. In many ways it will resemble the EU model.