European and Asean business leaders suggest ways to move AEC agenda along

Singapore

EUROPEAN business leaders are urging Asean member states to be more active in incorporating visions for the roll-out of the Asean Economic Community (AEC) in their respective legislatures, and to set up proper mechanisms to that end.

These business leaders are also putting the spotlight on the private sector, so the businesses from this sector can be helped to reap the benefits when the single market for the flow of goods and services, capital and labour in Asean takes off.

These suggestions and more are detailed in a 24-page position paper offering recommendations to Asean on how the AEC agenda can best be advanced; the paper was presented by the European Union-Asean Business Council (EU-ABC) to Asean economic ministers and the European Trade Commissione…