Preview

Economic Integration in ASEAN Countries

Good Essays
Open Document
Open Document
477 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Economic Integration in ASEAN Countries
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 are: free trade in goods, free trade in services, and mobility of skilled labor

In 2012, ASEAN member countries approved the Agreement on the Movement of Natural Persons (MNP).The member nations are going to increase the mobility of labour within the ASEAN region by easing the visas procedure and employment permissions for professionals and skilled labour. The free flow of skilled labour refers to mobility of natural persons who can supply specific skills needed in another country.

In December 2015 in Thailand will start a free flow labour with the other ASEAN member countries. The ten nations of ASEAN have prepared the Mutual Recognition Arrangements (MRA), which specify the basic qualifications for seven groups of professionals to work freely in each other’s countries. These groups are
Engineering Services,
Architectural Services,
Surveying Qualifications,
Medical Practitioners,
Dental Practitioners,
Nursing Services and
Accountancy Services.

According to MRA, if service providers have been certified for their professional qualifications by an organization in their own country, they will be approved in the other ASEAN countries as well.
The Free Flow of Labour shall be for skilled labourers and professionals only. It excludes unskilled labourers. The government excluded non Thais from 39 occupations reserved for Thai nationals which include civil engineering and legal services.

With the Free Flow of Skilled Labor, Thailand

You May Also Find These Documents Helpful

  • Good Essays

    Integrating regions into a trading bloc can have some positive and influential aspects for the countries within that trading bloc. Free trade within these nations can helps secure stability within the economies, generate more product at a cheaper rate then without the integration, and assist with creating peace between the nations with peaceful conflict resolutions. The Association of the Southeast Asian Nations has created such a trading block between 10 nations over three decades ago which has been helping to build and sustain the economy of these nations in Southeast Asia.…

    • 772 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Nafta Essay

    • 457 Words
    • 2 Pages

    ASEAN is an economic organization of ten countries located in Southeast Asia. It was formed on August 8, 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand. Since it first started it has grown to include Brunei, Burma, Cambodia, Laos, and Vietnam. It aims to accelerate economic growth and cultural development among its members and also be a place where each member can discuss political issues peacefully.…

    • 457 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    is for people who want to become permanent residents based on being qualified in a skilled trade. ◦ …

    • 1143 Words
    • 33 Pages
    Good Essays
  • Good Essays

    The ASEAN Pursues EU article provides one instance of a region in support of regional integration. “The European Union organized a group of nations with different currencies and languages - and profits followed” (Conde, 2007, para. 1). As per this article grouping currencies from various nations would assist regional integration, also assist the economic system of the region and build stronger relationships. The Association of Southeast Nations (ASEAN) desires to try the identical technique that the EU had earlier encouraged and integrate currencies in the areas. In the past former prime minister of Singapore Lee Kuan Yew had rejected this idea (Jazi, 2008). Instead, the prime minister believed that the country could achieve this objective but perhaps after 50-80 years. To start the process they would require writing a charter however the organization has opposed during the past because of the different financial systems in the region. This is currently in the starting phases however it has been stated that it will be a legally binding charter just like the one in the European Union, taking into consideration that any members who do not abide by this charts principles as well as procedures would need to incur on sanctions. To put it differently, ASEAN desires to turn…

    • 1043 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Loreal

    • 3962 Words
    • 16 Pages

    The ASEAN region is the largest regional emerging market in the world with India being the largest emerging market in the world, next to Brazil. There is increasing social and business activity due to rapid growth and industrialization. Nevertheless, everyone wants to invest there. Competition is increasing in every industry, as companies not only compete for ASEAN resources, but the…

    • 3962 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    The Pros of Apec

    • 386 Words
    • 2 Pages

    APEC allows Asian countries to dialogue with economic power houses such as Japan and USA. This will ensure poor member countries will benefit from new technology and can adapt their country to build more development projects. For example, less developed member’s country such as Vietnam can adapt some of Japan’s technology to modernize…

    • 386 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    • Article 26 says no person otherwise qualified can be discriminated against in the matter of employment on the basis of race, religion, caste, sex, residence or…

    • 1238 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    through the link of commercial trading which allows the free flow of trade, labor and…

    • 5052 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    However, all these are about to change when the Asean Free Trade Area (AFTA) agreement comes into effect beginning 2003. However, Malaysia has successfully deferred the implementation of the agreement involving the automobile industry to 2005. The reason given was that the local…

    • 1467 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Manesar Case Marut

    • 7473 Words
    • 30 Pages

    CHAPTER 1 Preliminary 1. Short title, extent, commencement and application. -- (1) This Act may be called the Inter-State Migrant Workmen (Regulation of employment and Conditions of Service) Act, 1978. (2) It extends to the whole of India. (3) It shall come into force on such date1 as the Central Government may, by notification in the official Gazette, appoint: Provided that if the Central Government considers it necessary or expedient so to do in the public interest, it may postpone or relax, to such extent as may be specified in such notification, the operation of all or any of the provisions of this Act in any State or States for such period not extending beyond one year from the date on which this Act comes into force. (4) It applies – (a) to every establishment in which five or more Inter-State migrant workmen (whether or not in addition to other workmen) are employed or who were employed on any day of the preceding twelve months; (b) to every contractor who employs or who employed five or more Inter-State migrant workmen (whether or not in addition to other workmen) on any day of the preceding twelve months. 2. Definitions. – (1) In this Act, unless the context otherwise requires, -First June, 1987, vide S.O. 630 (E), published in the Gazette of India, Extraordinary, Pt. II, Sec. 3(ii), dated the 25th. June, 1987.…

    • 7473 Words
    • 30 Pages
    Powerful Essays
  • Satisfactory Essays

    1. To accelerate the economic growth, social progress and cultural development in the region through joint endeavors in the spirit of equality and partnership in order to strengthen the foundation for a prosperous and peaceful community of Southeast Asian Nations;…

    • 914 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Economic integration

    • 606 Words
    • 2 Pages

    Agreements that might be very important in the future could be agreements such as the FTAA, ASEAN, APEC and the EAC. Notably the latter could grow to substantial importance if it succeeds in establishing more democratic stability within this highly volatile region.…

    • 606 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Foreign Workers In Malaysia

    • 2823 Words
    • 35 Pages

    Conclusion: • 4 Current Policies and comparable Systems Key Messages The World Bank, East Asia Pacific Region, Human Development Dept. Social Protection & Labor Unit FOREIGN WORKERS AND MALAYSIA MAIN DETERMINANTS The World Bank, East Asia Pacific Region, Human…

    • 2823 Words
    • 35 Pages
    Powerful Essays
  • Powerful Essays

    The term ‘foreign workers’ empower a group of foreign nationals who legal right to work in a country where they have been officially recruited (Zehadul et al., 1999). Miller (1991) used the term ‘foreign workers’ as these person come from a welter of nationality groups, living and working with diverse legal status in a particular country. K. Rajkumar (2001) defined the ‘foreign employee’ as general an employee who is a non-citizen. Our definition of foreign workers in Malaysia indicates that they do not have any right to settle in this country.…

    • 1671 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    ASEAN 2015

    • 1135 Words
    • 4 Pages

    Outcome-based education (OBE) is an educational theory that bases each part of an educational system around goals (outcomes). By the end of the educational experience each student should have achieved the goal. There is no specified style of teaching or assessment in OBE instead classes, opportunities, and assessments should all help students achieve the specified outcomes.…

    • 1135 Words
    • 4 Pages
    Good Essays