ASEAN ECONOMIC COMMUNITY (AEC)
WEEK 11: ASEAN ECONOMIC COMMUNITY (AEC) INTRODUCTION ASEAN Economic Community (AEC) is one of the pillars ASEAN besides of ASEAN Political Security and ASEAN Socio-Cultural Community. Formation of ASEAN Economic Community is in 2015 with the aims of way to promote political, economic and align with cultural cooperation across the region. This pillar has been outlined in the ASEAN Vision of 2020. ASEAN Economic Community involves all the 10 ASEAN members. The AEC represents the region's ultimate goal of economic integration. ASEAN is envisioned as a single market and product base, a highly competitive region with equitable economic development, and fully integrated into the global economy. ASEAN Economic Community (AEC) was also aimed to strengthening integration through free movement of services, investment, capital and also the skilled workers. The AEC covers a wide range of areas, including mutual recognition of standards, intellectual property rights, competition policies,...