ASEAN aims to achieve the AEC by facilitating 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). further, by tracking our progress and performance against set taegets though the AEC scorecard mechanism.