The following are the key characteristics of the AEC as set forth in the blueprint.
• free flow of services;
• free flow of investment;
• freer flow of capital; and
• free flow of skilled labor.
ASEAN member countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
And, unlike other far reaching multilateral policy initiatives, it seems at least that there is a strong, broad-based commitment to follow through on these commitments as each of the ASEAN member countries has already signed off on an action plan designed to achieve the above referred to objectives as set forth in the blueprint by 2015.
These are exciting and ambitious goals which will no doubt have significant short, medium and long term economic implications on Thailand and the rest of the ASEAN countries.
The following are the key characteristics of the AEC as set forth in the blueprint.
• free flow of services;
• free flow of investment;
• freer flow of capital; and
• free flow of skilled labor.
ASEAN member countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
And, unlike other far reaching multilateral policy initiatives, it seems at least that there is a strong, broad-based commitment to follow through on these commitments as each of the ASEAN member countries has already signed off on an action plan designed to achieve the above referred to objectives as set forth in the blueprint by 2015.
These are exciting and ambitious goals which will no doubt have significant short, medium and long term economic implications on Thailand and the rest of the ASEAN countries.
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