BUSINESS

Getting ready for the Asean single market

Asia focus, Published on 17/02/2014

» At the end of 2015, the 10 states of Asean will form a common market — the Asean Economic Community (AEC). The idea of an Asean single market and production base is based on the free flow of goods, services, investment and skilled labour and the freer flow of capital. This is expected to bring about a number of benefits for participating countries.