Considers how ASEAN leaders issued the Bali Accord II to establish an ASEAN Economic Community (AEC) by 2020. Aims to enhance broader and deeper economic cooperation among ASEAN members to become a common market and integrated manufacturing base with free flow of goods, services, investment, skilled labour, and freer flow of capital by 2020. Reveals an agreement among ASEAN members to accelerate liberalization in trade and services in 11 pilot areas, classified into nine types of trade areas and two types of service areas which are the responsibility of Thailand. Discusses the benefits and awareness for Thailand from the establishment of AEC