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AEC should be seen as a work in progress

It is only from 2003 that Asean economies started their journey towards the AEC. Some promises have been met, but major challenges remain.

Although the AEC is a regional initiative, its implementation is carried out by the national economies. Initiatives like national treatment of foreign investors have to be adopted in domestic law and policy decisions.

AS the Asean Economic Community's (AEC) 2015 deadline approaches, there are more detractors than supporters. The majority seems to feel that the initiative's deliverables - namely, an integrated production space with free movement of goods, services, and skilled labour - will not be achieved by...

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