ASEAN aims to achieve the AEC by facilliting free flow of goods, services, investments and skilled labour, and free flow of capital; increasing physical, institutional and people-to-people connectivity to bring down the cost of doing business; narrowing the development gap both within and between ASEAN Member States by instituting targeted programmes; and finding synergy through engaging in bilateral FTAs and consolidating the Plus One FTAs into a Regional Comprehensive Economic Partnership (RCEP). Furher , by tracking our progressand performance against set targets through the AEC Scorecard mechanism.