Tuesday, December 29, 2015

Insights: What the AEC is, and isn’t

Muslim women stand in front of ASEAN sign ahead for ASEAN Summit at the Kuala Lumpur Convention Centre (KLCC) in Kuala Lumpur Tuesday, Nov. 17, 2015. Pic: AP.

Muslim women stand in front of ASEAN sign ahead for ASEAN Summit at the Kuala Lumpur Convention Centre (KLCC) in Kuala Lumpur Tuesday, Nov. 17, 2015. Pic: AP.
by  
AFTER almost two decades of discussion, the ASEAN Economic Community (AEC) will be proclaimed on 31st December. The AEC is a potentially significant and competitive economic region, should it be allowed to develop according to the aspiration of being a  “single market and production base, with free flow of services, investments, and labour, by the year 2020”.