Article
AEC in Thailand
The implementation of the Asian Economic Community in 2015 comes with both huge advantages and some serious challenges for many of the countries involved. The challenges for Thailand are in some ways greater than for other members due to the country’s unique history and lack of colonization leaving it with systems and processes that are more greater need to change and adapt for Thai people and businesses.
For all member countries though, and with them all the people and businesses affected, the only way to truly take advantage of the benefits of the new systems and the greater flow of people, information, trade and business that will come is by being fully prepared in advance.
Here at Pure Growth Asia, we endeavor to do two things-firstly, to find useful information and articles about AEC and related news and bring it to you via links or articles. Secondly we will assist Thai people in addressing some of the changes they will have to deal with, especially in the area of language and the use of English in dealing with other members of the AEC.
We are in no way linked to any organizer of the AEC and do not have any secret information or advantage in this process, but we hope that with your help and contributions we can all fell a little bit more prepared for 2015.
To ask or answer questions relating to using English in communication, please go to our blog using the tab at the top of the page.
What is ACE: by Thailand Exhibition and Convention Bureau taken from: http://www.tceb.or.th/exhibition/why-thailand/business-opportunities.html. Please follow the link to find out more from the original source.
Thai & ASEAN community
The 10-member Association of south East Asian Nations (ASEAN) aims to create an ASEAN Economic Community (AEC) by 2020. The AEC would have a combined population of over 575 million and total trade exceeding US$ 1,400 billion.
ASEAN Economic Community
The ASEAN Vision 2020 aims to create a stable, prosperous and highly competitive ASEAN economic region, in which there is a free flow of goods, services, investment and capital, equitable economic development and reduced poverty and socio-economic disparities by 2020.
Free Trade Area
Underpinning the AEC is the ASEAN Free Trade Area (AFTA), a preferential tariff scheme to promote the free flow of goods within ASEAN that are manufactured locally within any ASEAN country.
Comprehensive Investment Area
The ASEAN Comprehensive Investment Area (ACIA) will encourage the free flow of investment within ASEAN. Its main principles are: All industries are to be opened up for investment, with exclusions to be phased out according to schedules
National treatment is granted immediately to ASEAN investors with few exclusions
Elimination of investment impediments
Streamlining of investment process and procedures
Enhancing transparency
Undertaking investment facilitation measures
Full realization of the ACIA with the removal of temporary exclusion Lists in manufacturing, agriculture, fisheries, forestry and mining is scheduled by 2010 for most ASEAN members and by 2015 for Cambodia, Lao PDR, Myanmar and Vietnam.
Trade in Services
ASEAN members are negotiating intra-regional services liberalization in several sectors, including air transport, business services, construction, financial services, maritime transport, telecommunications and tourism.
Single Aviation Market
The ASEAN Single Aviation Market (SAM) will introduce an open-sky arrangement to the region by 2015. The ASEAN SAM will be expected to fully liberalize air travel between its member states, allowing ASEAN to benefit from the growth in air travel around the world, and encouraging tourism, trade, investment and services flows between member states.
Free Trade Agreements with Other Countries
ASEAN has concluded free trade agreements with China, Korea, and Japan, and is negotiating FTAs with India, Australia/New Zealand, and the European Union. Taiwan has also expressed interest in an agreement with ASEAN but needs to overcome diplomatic objections from China.
ASEAN Socio-cultural Community
The ASEAN Socio-Cultural Community envisages Southeast Asia bonded together in partnership as a strong community of caring societies and aimed at the vigorous development of regional identity and the preservation of the region’s cultural heritage.
Current cultural activities include S.E.A Write Award, Association of Southeast Asian Institutions of Higher Learning, Heritage Parks, Scholarship and University Network.
To prepare each country’s work force economic integration, ASEAN will encourage investment in education, training, science and technology development, job creation, and social protection. ASEAN will also seek increased cooperation in public health, especially the prevention and control of infectious and communicable diseases.
Reference: http://www.puregrowth.asia/aec-in-thailand.html
Thailand under ASEAN Economic Community ASEAN Economic Community History
AEC was developed from Association of South East Asian (The Association of South East Asian Nations : ASEAN.) was established by the Bangkok Declaration on August 8, 2510. Current member countries include 10 countries. Indonesia, Malaysia, Philippines, Singapore, Thailand, Myanmar, Vietnam, Lao, Cambodia, Brunei. Postpone the faster the year 2015.
ASEAN Community, which consists of three main pillars.
1. AEC (ASEAN Economic Community).
2. ASCC (ASEAN Socio-Cultural Community).
3. APSC (ASEAN Political and Security Community).
AEC BLUEPRINT
AEV Blueprint is an integrated plan for the economy to see an overview of leading to AEC, which includes plans economic aspects and the time frame clear of the measures to achieve the goal of the year.
Details are separated by the following.
1. Single Market and Production Base
A single Markey and Production Base with the ASEAN has five core components.
(1.) To move goods freely
(2.) Moving service free
(3.) The movement of investment liberalization
(4.) The movement of Capital, free up
(5.) Free movement of Skilled labor
2. High Competitive Economic Region
The important of economic integration of ASEAN is a region that is highly competitive. Has flourished. And a stable economy.
Region with the ability to compete with six major component:
(1.) Competition policy
(2.) Consumer protection
(3.) The property rights to the intellectual (IPR)
(4.) The development of infrastructure.
(5.) The tax
(6.) Electronic commerce
3. Equitable Economic Development
Developing economic equality has two components
(1) Development of small and medium sized enterprises(SME)
(2) Commencing in the integration of ASEAN. (Initiatives for ASEAN Integration: IAI) initiative that aims to reduce the development gap in both SME and strengthen the integration of Cambodia, Lao, Myanmar and Vietnam to perform the obligations and strengthen their ability. Competitiveness of benefit from economic integration.
4. Fully Integrated into Global Economy
ASEAN integration into the global economy by the two measures are:
(1.) The preparation of a free trade area (FTA) and Economic Partnership Working closely. (CEP) with countries outside ASEAN.
(2.) Participation in the global supply chain network.
Strengths of Thailand
1. Geographic location Thailand is located in the center of the region, with most of its borders connected to neighboring ASEAN countries. Natural disaster risks are also relatively low compared to neighboring, this disaster could be predicted and defended in advance.
2. Development level Thailand has a higher development level than most countries in the region with its basic universal education, big pool of skilled workers and highly qualified personnel, its thorough high quality public health, and developed infrastructure, especially roads. Moreover, Thai law, institution and other facilities are reasonably well developed. Thailand’s baht currency is accepted by our neighbors in border trade transactions.
3. Size of the domestic market and land area Thailand”s economy is the second largest in ASEAN, after Indonesia. Thailand’s large population size is approximately equal to eact population of Myanmar and Vietnam, though the income level and purchasing power of Thai people is higher than their neighboring countries. In addition, Thailand has enough land area for development and future investment, unlike Singapore, where space is limited.
4. Economic relations with ASEAN Thailand’s trade with ASEAN was about US $7.5 billionn in 2010 or 15% of the total intra-ASEAN trade value, ranking third after Singapore and Malaysia. In addition, Thailand has an Asian trade surplus of US $1.36 billion, ranked second after Singapore and was the only country from three with a trade surplus to ASEAN. This implies that Thailand will benefit from the AEC, particularly in terms of expanding exports to ASEAN.
5. Association with the global economy The Thai economyis very highly linked to international trade and foreign investment. Thailand’s degree of openness was 129% of GDP in 2005 and the expansion of Thailand’s economy always depends on foreign investment. Thailand is therefore more well-equipped and experienced in trade and attracting foreign investors than its neighboring countries. This means that the AEC will give Thailand an opportunity to benefit from trade and investment from countries outside the AEC, more than others. Thailand’s weaknesses fall into many opposite categories. These factors may cause Thailand to lose some benefits or opportunities affected by the AEC.
weaknesses of Thailand
l) Lack of understanding and awareness The survey results o many institutions show that Thai people lack awareness about the AEC as to its importance, impact, and need for readiness except for large enterprises or organizations involved in business with other countries. This lack of understanding and awareness may obstruct Thai entrepreneurs from seizing the opportunity or the chance offered by the AEC, leaving them
บทความประชาคมเศรษฐกิจอาเซียนในประเทศไทยดำเนินงานของประชาคมเศรษฐกิจเอเชียใน 2015 มา มีประโยชน์มากและความท้าทายบางอย่างจริงจังในหลายประเทศที่เกี่ยวข้อง ความท้าทายสำหรับประเทศไทยมีบางวิธีที่มากกว่าสำหรับสมาชิกเฉพาะประวัติและขาดของอาณานิคมที่ออกจากระบบและกระบวนการที่มีมากขึ้นต้องเปลี่ยน และปรับสำหรับคนไทยและธุรกิจ ของประเทศสำหรับประเทศสมาชิกทั้งหมด แม้ ว่า และพวกเขาทุกคน และธุรกิจได้รับผลกระทบ วิธีเดียวที่จะได้ใช้ประโยชน์จากประโยชน์ของระบบใหม่และขั้นตอนค่าของคน ข้อมูล การค้า และธุรกิจที่จะมาเป็น โดยถูกเตรียมไว้อย่างล่วงหน้าที่นี่ที่บริสุทธิ์เจริญเติบโตของเอเชีย ที่เราพยายาม จะทำสองสิ่งแรก การค้นหาข้อมูลที่เป็นประโยชน์และบทความเกี่ยวกับ AEC และข่าวที่เกี่ยวข้อง และนำคุณผ่านการเชื่อมโยงหรือบทความ ประการที่สอง เราจะช่วยคนไทยในการแก้ปัญหาของการเปลี่ยนแปลงที่พวกเขาจะต้องจัดการกับ โดยเฉพาะอย่างยิ่งในพื้นที่ของภาษาและการใช้ภาษาอังกฤษในการจัดการกับสมาชิกของประชาคมเศรษฐกิจอาเซียนเรามีวิธีไม่เชื่อมโยงกับผู้จัดการของประชาคมเศรษฐกิจอาเซียน และไม่มีประโยชน์หรือข้อมูลลับใด ๆ ในกระบวนการนี้ แต่เราหวังว่าคุณดำเนินการ และผลงานที่เราสามารถทั้งหมดตกน้อยมากเตรียมสำหรับ 2015ถาม หรือตอบคำถามที่เกี่ยวข้องกับการใช้ภาษาอังกฤษในการสื่อสาร โปรดไปยังบล็อกของเราโดยใช้แท็บที่ด้านบนของหน้าACE คืออะไร: นิทรรศการประเทศไทยและสำนักงานการประชุมที่นำมาจาก: http://www.tceb.or.th/exhibition/why-thailand/business-opportunities.html กรุณาทำตามการเชื่อมโยงไปหาข้อมูลเพิ่มเติมจากต้นฉบับชุมชนไทยและอาเซียน10-สมาชิกสมาคมของใต้เอเชียตะวันออกประเทศ (อาเซียน) มีวัตถุประสงค์เพื่อสร้างการอาเซียนเศรษฐกิจชุมชน (AEC) โดย 2020 ประชาคมเศรษฐกิจอาเซียนจะมีประชากรรวมกว่า 575 ล้านบาทและการค้ารวมเกิน 1400 พันล้านเหรียญสหรัฐฯประชาคมเศรษฐกิจอาเซียน2020 วิสัยทัศน์อาเซียนมีวัตถุประสงค์เพื่อสร้างความมั่นคง เจริญ และแข่งขันเศรษฐกิจภูมิภาคอาเซียน ที่มีไหลฟรีสินค้า บริการ การลงทุน และทุน พัฒนาเศรษฐกิจที่เป็นธรรม และลดความยากจน และความแตกต่างทางเศรษฐกิจสังคม โดย 2020เขตการค้าเสรี Underpinning ประชาคมเศรษฐกิจอาเซียนคือการอาเซียนค้าเสรีตั้ง (AFTA) , แผนภาษีต้องการส่งเสริมการไหลของฟรีของสินค้าภายในอาเซียนที่ผลิตภายในอาเซียนประเทศใดลงทุนที่ครอบคลุมพื้นที่อาเซียนครอบคลุมลงทุนตั้ง (ACIA) จะส่งเสริมให้การไหลของฟรีของการลงทุนภายในอาเซียน มีหลักการหลัก: อุตสาหกรรมทั้งหมดจะถูกเปิดขึ้นสำหรับการลงทุน exclusions จะยุติตามกำหนดการรักษาชาติให้ทันทีกับนักลงทุนอาเซียนกับ exclusions น้อยกำจัด impediments ลงทุนควบคู่ไปกับการลงทุนและกระบวนการเพิ่มความโปร่งใสUndertaking investment facilitation measuresFull realization of the ACIA with the removal of temporary exclusion Lists in manufacturing, agriculture, fisheries, forestry and mining is scheduled by 2010 for most ASEAN members and by 2015 for Cambodia, Lao PDR, Myanmar and Vietnam.Trade in ServicesASEAN members are negotiating intra-regional services liberalization in several sectors, including air transport, business services, construction, financial services, maritime transport, telecommunications and tourism.Single Aviation MarketThe ASEAN Single Aviation Market (SAM) will introduce an open-sky arrangement to the region by 2015. The ASEAN SAM will be expected to fully liberalize air travel between its member states, allowing ASEAN to benefit from the growth in air travel around the world, and encouraging tourism, trade, investment and services flows between member states.Free Trade Agreements with Other CountriesASEAN has concluded free trade agreements with China, Korea, and Japan, and is negotiating FTAs with India, Australia/New Zealand, and the European Union. Taiwan has also expressed interest in an agreement with ASEAN but needs to overcome diplomatic objections from China.ASEAN Socio-cultural CommunityThe ASEAN Socio-Cultural Community envisages Southeast Asia bonded together in partnership as a strong community of caring societies and aimed at the vigorous development of regional identity and the preservation of the region’s cultural heritage.Current cultural activities include S.E.A Write Award, Association of Southeast Asian Institutions of Higher Learning, Heritage Parks, Scholarship and University Network.To prepare each country’s work force economic integration, ASEAN will encourage investment in education, training, science and technology development, job creation, and social protection. ASEAN will also seek increased cooperation in public health, especially the prevention and control of infectious and communicable diseases.Reference: http://www.puregrowth.asia/aec-in-thailand.html Thailand under ASEAN Economic Community ASEAN Economic Community HistoryAEC was developed from Association of South East Asian (The Association of South East Asian Nations : ASEAN.) was established by the Bangkok Declaration on August 8, 2510. Current member countries include 10 countries. Indonesia, Malaysia, Philippines, Singapore, Thailand, Myanmar, Vietnam, Lao, Cambodia, Brunei. Postpone the faster the year 2015.ASEAN Community, which consists of three main pillars.1. AEC (ASEAN Economic Community).2. ASCC (ASEAN Socio-Cultural Community).3. APSC (ASEAN Political and Security Community).AEC BLUEPRINTAEV Blueprint is an integrated plan for the economy to see an overview of leading to AEC, which includes plans economic aspects and the time frame clear of the measures to achieve the goal of the year.Details are separated by the following.1. Single Market and Production Base
A single Markey and Production Base with the ASEAN has five core components.
(1.) To move goods freely
(2.) Moving service free
(3.) The movement of investment liberalization
(4.) The movement of Capital, free up
(5.) Free movement of Skilled labor
2. High Competitive Economic Region
The important of economic integration of ASEAN is a region that is highly competitive. Has flourished. And a stable economy.
Region with the ability to compete with six major component:
(1.) Competition policy
(2.) Consumer protection
(3.) The property rights to the intellectual (IPR)
(4.) The development of infrastructure.
(5.) The tax
(6.) Electronic commerce
3. Equitable Economic Development
Developing economic equality has two components
(1) Development of small and medium sized enterprises(SME)
(2) Commencing in the integration of ASEAN. (Initiatives for ASEAN Integration: IAI) initiative that aims to reduce the development gap in both SME and strengthen the integration of Cambodia, Lao, Myanmar and Vietnam to perform the obligations and strengthen their ability. Competitiveness of benefit from economic integration.
4. Fully Integrated into Global Economy
ASEAN integration into the global economy by the two measures are:
(1.) The preparation of a free trade area (FTA) and Economic Partnership Working closely. (CEP) with countries outside ASEAN.
(2.) Participation in the global supply chain network.
Strengths of Thailand
1. Geographic location Thailand is located in the center of the region, with most of its borders connected to neighboring ASEAN countries. Natural disaster risks are also relatively low compared to neighboring, this disaster could be predicted and defended in advance.
2. Development level Thailand has a higher development level than most countries in the region with its basic universal education, big pool of skilled workers and highly qualified personnel, its thorough high quality public health, and developed infrastructure, especially roads. Moreover, Thai law, institution and other facilities are reasonably well developed. Thailand’s baht currency is accepted by our neighbors in border trade transactions.
3. Size of the domestic market and land area Thailand”s economy is the second largest in ASEAN, after Indonesia. Thailand’s large population size is approximately equal to eact population of Myanmar and Vietnam, though the income level and purchasing power of Thai people is higher than their neighboring countries. In addition, Thailand has enough land area for development and future investment, unlike Singapore, where space is limited.
4. Economic relations with ASEAN Thailand’s trade with ASEAN was about US $7.5 billionn in 2010 or 15% of the total intra-ASEAN trade value, ranking third after Singapore and Malaysia. In addition, Thailand has an Asian trade surplus of US $1.36 billion, ranked second after Singapore and was the only country from three with a trade surplus to ASEAN. This implies that Thailand will benefit from the AEC, particularly in terms of expanding exports to ASEAN.
5. Association with the global economy The Thai economyis very highly linked to international trade and foreign investment. Thailand’s degree of openness was 129% of GDP in 2005 and the expansion of Thailand’s economy always depends on foreign investment. Thailand is therefore more well-equipped and experienced in trade and attracting foreign investors than its neighboring countries. This means that the AEC will give Thailand an opportunity to benefit from trade and investment from countries outside the AEC, more than others. Thailand’s weaknesses fall into many opposite categories. These factors may cause Thailand to lose some benefits or opportunities affected by the AEC.
weaknesses of Thailand
l) Lack of understanding and awareness The survey results o many institutions show that Thai people lack awareness about the AEC as to its importance, impact, and need for readiness except for large enterprises or organizations involved in business with other countries. This lack of understanding and awareness may obstruct Thai entrepreneurs from seizing the opportunity or the chance offered by the AEC, leaving them
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