South East Asian Nations (ASEAN) was formed by Indonesia‚ Malaysia‚ Philippines‚ Thailand and Singapore in 1967. In 1980s‚ Brunei decided to join the organization‚ making it become well known as the ASEAN-6. Following Brunei‚ in 1990s‚ Cambodia‚ Laos‚ Myanmar and Vietnam (CMLV) also joined the bloc (Chia‚ 2004). In 1992‚ a free trade agreement‚ namely ASEAN Free Trade Area (AFTA) was introduced. According to the agreement‚ tariffs are reduced to zero percent by 2010 for ASEAN-6 and by 2015 for CMLV
Premium International trade Economic integration World Trade Organization
The Double-Edged Sword! " Thailand would benefit from deeper economic integration with ASEAN member states. Discuss.! " Economic integration has its share of benefits‚ as well as drawbacks. Thailand has fulfilled the AEC (ASEAN Economic Community) measure of economic integration well above the ASEAN average‚ scoring at 86%1 with the average at 80%. However‚ major Thai firms have yet to integrate and embrace ASEAN‚ a move the Thai government is attempting to encourage. " Economies of scale can benefit
Premium International trade World Trade Organization Economics
Organizations around the World Association of Southeast Asian Nations (ASEAN) ‘One Vision‚ One Identity‚ One Community” History ASEAN was preceded by an organization called the Association of Southeast Asia‚ commonly called ASA‚ an alliance consisting of the Philippines‚ Malaysia and Thailand that was formed in 1961. The bloc itself‚ however‚ was established on 8 August 1967‚ when foreign ministers of five countries – Indonesia‚ Malaysia‚ the Philippines‚ Singapore‚ and Thailand
Premium Southeast Asia Singapore Cambodia
HOW CAN WE HELP OR PREPARE OUR STUDENTS TO FACE THE CHALLENGES OF ASEAN INTEGRATION? ASEAN integration presents both opportunities and challenges in the Philippines. Many Filipino students have already expressed their fear of not being able to find jobs after graduation. The problems lie largely in the education system. Despite notable progress in the past decades‚ the quality of education in the Philippines still lags behind its ASEAN neighbors. A number of structural problems continue to plague the
Premium Education Higher education Teacher
ASEAN and APEC are two organisations that are involved with the aid‚ stability and economic growth of all countries associated with them. ASEAN stands for Association of Southeast Asian Nations and includes countries such as Thailand‚ Indonesia‚ Malaysia‚ Philippines‚ Singapore and Thailand along of course with Australia. APEC is the Asia-Pacific Economic Corporation and they focus on working to reduce tariffs and other trade barriers across the Asia-Pacific region‚ creating efficient domestic economies
Premium Southeast Asia Australia China
Asean The Association of Southeast Asian Nations (ASEAN) has plans to fast track the integration of its member countries over the next few years. Aside from encouraging cooperation through traditional diplomatic and cultural activities‚ there are also ambitious proposals for ASEAN to issue a single visa and currency‚ and even form a united regional Olympic team. The advantages of a united ASEAN are easy to imagine. A cohesive ASEAN would likely bring tremendous benefits to Southeast Asians in
Premium Southeast Asia Singapore Philippines
Thailand will take advantages of the labor flow. In a relatively short time‚ the realization of the ASEAN Community will come into effect. The purpose of the international agreements is to make ASEAN one market and a joint production base. First of all we must remember that the ASEAN Economic Community (AEC) is part of a larger plan for the ASEAN Community which involves three pillars of ASEAN. security‚ socio-cultural cooperation and economic Three crucial components for economic integration
Premium
Cr. http://www.fungglobalinstitute.org/publications/articles/the-asean-economic-community-and-corruption-400.html The Asean Economic Community and Corruption AUTHOR(S): BARBARA MEYNERT DATE: 07 - Mar 2013 TAGS: Asean ‚ Thailand ‚ Infrastructure development ‚ Corruption THEME(S): Governance As countries in Asean gear up for economic integration in 2015‚ Fung Global Institute Director‚ Barbara Meynert‚ asks whether corruption in Thailand will derail crucial inter-regional infrastructure
Free Southeast Asia Economic integration Laos
Free ASEAN 2015 2. PDRM Strategy - concentrate of drug suppliers instead of users 3. Decriminalisation of drugs - cure drug users instead of looking at them as criminals 4. Drug related crimes - important to settle drug problem to curb crimes involving drug abuse 5. Conclusion ANTI-DRUGS 3rd Draft 1. Introduction During the 20th ASEAN summit in May 2012‚ declaration on Drug Free ASEAN 2015
Premium Drug addiction Addiction
Marketing Fall 2010 Individual Assignment 1 Date of Submission Friday 8th October 2010 Time 5:00 pm Marketing Fall 2010 Individual Assignment 1 SURVEYING CUSTOMERS Kevin Kirkman wheeled his shiny blue BMW coupe into his driveway‚ put the gear shift into park‚ set the parking brake‚ and got out to check his mailbox as he did every day when he returned home. As he‚ flipped through the deluge of catalogs and credit card offers‚ he noticed a letter
Premium Car rental companies Automobile Customer