The asc is expected to maintain and strengthen peace, security and stability and enhance asean’s capacity for self management of regional security. It includes maritime cooperation and fight against
Terrorism, but no plan for a regional military bloc or defence pact. Besides, member countries are free to pursue their own foreign policies and defence arrangements. Meanwhile, the mission of the aec is to develop a single market and production base that is stable, prosperous, highly competitive and economically integrated with effective facilitation for trade and investment in which there is free flow of goods, services investment, skilled labours, and free flow of capital. But it will not adopt a common currency like the European union.