At this time, I would like to discuss the ASEAN
The Challenges of the CLMV Countries and the Role of Development Partner 27
economic integration and highlight some thoughts on
policy measures that are required to integrate the
CLMV’s economy amidst serious concerns that
ASEAN economic integration can be hampered by the
development gap that exist between the older
ASEAN-six and the four-newer members and offer
some recommendation measures to widen the scope of
the work plan in order to improve.
investment; multinationals such as Intel and Nike
invested heavily. Its share of trade in 1995 within
ASEAN was at 2.8 percent; by 2010 that share had
moved up to 17 percent. However, it still faces many
reform challenges, which makes realizing its
development goals a difficult task.