The implications of Asean Economic Community or FTA

In 2007 Summit ASEAN leaders affirmed their strong commitment to
accelerate the establishment of an ASEAN Economic Community (AEC) by
2015.

The AEC aims to make ASEAN a more dynamic and competitive economic block
by making it a single market and production base by 2015 governed by
the principles of an open, outward-looking, inclusive, and market-driven
economy.
 
As a single market and