Friday, August 18, 2006

People's Daily Online: ASEAN officials seek to speed up building of AEC

I have noted that the increasing trend of regionalization will enhance crossborder investments, which should also translate to corresponding advancement in the financial markets. According to China's People's Daily online,


"The AEC is a unified community similar to the European Union that ASEAN hopes to establish by 2015 through various ways, such as the integration of business sectors.

"ASEAN countries have worked out roadmaps for the eleven priority sectors toward liberalization, that is, automotive, garment and textile industries, e-commerce, healthcare, airlines, tourism, wood-based products, marine and aquatic products, rubber, agro-based products and electronics."

Progress finally taking shape?





No comments: