Asean Economic Community Factbook

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ASEAN ECONOMIC COMMUNITY FACTBOOK

ASEAN ECONOMIC COMMUNITY FACTBOOK

The ASEAN Secretariat Jakarta

The Association of Southeast Asian Nations (ASEAN) was established on 8 August 1967. The Member States of the Association are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Viet Nam. The ASEAN Secretariat is based in Jakarta, Indonesia. For inquiries, contact: The ASEAN Secretariat Public Outreach and Civil Society Division 70A Jalan Sisingamangaraja Jakarta 12110 Indonesia Phone : (62 21) 724-3372, 726-2991 Fax : (62 21) 739-8234, 724-3504 E-mail : public.div@asean.org General information on ASEAN appears online at the ASEAN Website: www.asean.org Catalogue-in-Publication Data

ASEAN Economic Community Factbook
Jakarta: ASEAN Secretariat, February 2011 382.10959 1. Business – Foreign Investment 2. Economics – ASEAN

ISBN 978-602-8411-60-8 The text of this publication may be freely quoted or reprinted with proper acknowledgement. Copyright Association of Southeast Asian Nations (ASEAN) 2011 All rights reserved

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Table of Contents

History of ASEAN Foreword by H.E. Dr. Surin Pitsuwan, Secretary-General of ASEAN Message by H.E. Sundram Pushpanathan, Deputy Secretary-General of ASEAN for ASEAN Economic Community (AEC) Introduction to ASEAN Economic Community (AEC) Trade and Facilitation Trade Facilitation in ASEAN ASEAN Trade in Goods Agreement (ATIGA) ASEAN Customs Modernisation ASEAN Single Window (ASW) Conformity Assessment in ASEAN Harmonising Standards and Technical Regulations Ensuring Safe Pharmaceutical Products in ASEAN Trade in Sevices ASEAN Framework Agreement on Services (AFAS) Mutual Recognition Arrangements (MRA) in Services Investment ASEAN Comprehensive Investment Agreement (ACIA) Financial Integration Financial Integration in ASEAN Chiang Mai Initiative Multilateralisation (CMIM) Food, Agriculture and Forestry ASEAN Cooperation in Food, Agriculture and Forestry (FAF) ASEAN Integrated Food Security (AIFS) Framework and Strategic Plan of Action on ASEAN Food Security (SPA-FS) Food Safety

viii ix x xii

3 5 7 9 11 13 15 19 21 25 29 31 35 37 39

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ASEAN Multi-Sectoral Framework on Climate Change and Food Security (AFCC) Sustainable Forest Management (SFM) Competition Policy Competition Policy in ASEAN Consumer Protection Consumer Protection in ASEAN ASEAN Intellectual Property ASEAN Cooperation in Intellectual Property Rights (IPRs) Infrastructure Development ASEAN Cooperation in the Transport Sector Information and Communication Technology (ICT) in the Realisation of the ASEAN Community Ensuring Energy Security in ASEAN ASEAN Tourism Small and Medium Enterprises ASEAN Small and Medium Enterprises (SMEs) Public-Private Sector Engagement Public-Private Sector Engagement (PPE) in ASEAN Narrowing the Development Gap Initiative for ASEAN Integration (IAI) and Narrowing the Development Gap (NDG) FTA Agreements ASEAN-China Free Trade Area (ACFTA) ASEAN-Japan Comprehensive Economic Partnership (AJCEP) ASEAN-Korea Free Trade Area (AKFTA) ASEAN-India Free Trade Area ASEAN-Australia-New Zealand Free Trade Area (AANZFTA)

41 43 47 51 55 59 61 63 65 69 73 77

81 83 85 87 89

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Frequently Asked Questions Trade in Goods Standards and Conformance Initiatives in ASEAN Services Investment Agriculture, Industry and Natural Resources Competition Policy Consumer Protection Intellectual Property Rights Tourism Small and Medium Enterprises Public Private Sector Engagement Initiative for ASEAN Integration and Narrowing the Development Gap ASEAN’s External Economic Relations Macroeconomic and Finance Surveillance Office 93 95 96 98 100 102 103 105 107 109 111 113 116 120

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History of ASEAN

ASEAN – the Association of Southeast Asian Nations – was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (or Bangkok Declaration) by the Founding Members of ASEAN, namely Indonesia, Malaysia,...
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