AEC Blueprint 2007 Presentation

8/3/2019 AEC Blueprint 2007 Presentation

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ANOVERVIEWOFANOVERVIEWOF

THEAEC

BLUEPRINTTHE

AEC

BLUEPRINT

Lim Chze CheenBureau for Economic Integration and Finance

ASEAN Secretariat

Services Trade Liberalisation and Labor Migration Policies in ASEAN: Towards theASEAN Economic Community

23-26 September 2008, Bangkok, Thailand

Theviewsexpressedinthispaperaretheviewsoftheauthoranddonotnecessarilyreflecttheviewsorpoliciesofthe AsianDevelopmentBankInstitute(ADBI),the

AsianDevelopmentBank(ADB),itsBoardofDirectors,orthegovernmentstheyrepresent.ADBIdoes

notguaranteetheaccuracyofthe

data included in this paper and accepts no responsibility for any consequences of their use.TerminologyusedmaynotnecessarilybeconsistentwithADBofficialterms.


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OutlineofPresentation Concept and elements of an

ASEAN Economic Community

Implementing the ASEANEconomic Community Blueprint

Challenges to advancing ASEAN

Economic Community by 2015


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BackgroundonASEANEconomic

Cooperation

Introduction of ASEAN Preferential Trading

Arrangement (PTA) in 1977

Framework Agreement on EnhancingASEAN Economic Cooperation was signed

in 1992, which provided the basis for theestablishment of ASEAN Free Trade Area

Agenda for Greater Economic Integration in

Bangkok Summit 1995

ASEAN Vision 2020 at Kuala LumpurSummit 1997

Bali Concord 2003


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Building Bridges across Three Communities

INCO

NCER

T

DYNAMIC CA

RIN

G

OUTWARDLOOKING

ASEANASEAN

COMMUNITYCOMMUNITY

SE

CURITY

CC

UULL

TT

UU

RR

AALL

SSOO

CC

II

OO

E

C

ON

O

MI

C


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ElementsofASEANEconomicCommunity

Elements ofElements ofASEANASEAN

EconomicEconomic

CommunityCommunity

I. Strategy: why?

II. Goals: where?

III. Scope: what?

IV. CompetitiveAdvantage: how?


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WhyAccelerate

Integration

Its a natural progression towards the next level

of economic integration as ASEAN approaches40 years;

The rise of China, India and other emerging

economies reinforces ASEAN's determination tocreate a stronger, more united and cohesiveASEAN; and

Recognise the need to achieve not onlysustainable growth but also resilience to cushionASEAN from the adverse impact of any internal

and/or external shocks.


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ASEANEconomic

Community

Blueprint

AEM 2006 - develop a single and coherentblueprint for advancing the AEC;

12th ASEAN Summit (December 2006) ASEAN Leaders agreed to accelerate theestablishment of the ASEAN Community by2015;

13th AEM Retreat (May 2007) - AEC Blueprintand its strategic schedule shall be a legallybinding document through the issuance of aDeclaration by the Leaders to be signed at the13th ASEAN Summit in November 2007 inSingapore.


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ASEANEconomic

Community

Blueprint

AEC Blueprint to provide ASEAN Member

Countries a strategic plan for the short tomedium-term towards 2015

Strategic Schedule includes keymilestones for a comprehensive and

deeper economic integration by 2015

Four-phase approach (2008-09, 2010-11,2012-13, and 2014-15)


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Free

Flow

of

Services

and

Skilled

Labor Mode 4 Liberalisation

7 MRAs on Engineering Services, Nursing Services,

Architectural Services, Quantity Surveying, Medical

Practitioners, Dental Practitioners and Accountancy

Services endorsed Professional Exchange Programme

ASEAN Declaration on the Protection and

Promotion of the Rights of Migrant Workers

(January 2007)

ASEAN Common Competency Standards forTourism Professionals (ACCSTP)


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Economic

Architecture

of

Regional

and

TransregionalForum

Source: Emerging Asian Regionalism, A Partnership for Shared Prosperity


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ASEANExternal

Economic

Relations

ASEAN-Australia- NewZealand FTA

ASEAN-Korea FTA

ASEAN-Japan CEP

ASEAN-Canada

ASEAN-China FTA

ASEAN-Russia

ASEAN-EU FTA

ASEAN-Pakistan

ASEAN-India FTA

ASEAN-US TIFA


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ASEANEconomic

Community

Family


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Strategiesfor

Implementation

Monitoring and Evaluation of agreed ASEAN economic

initiatives through the AEC Scorecard

No. AECMeasures ResponsibleBody

Implementatio

nbyCountry

EndDate Scorecard

A.TowardsASingleMarketandProductionBase

A1.FreeFlowofGoods

A1.1 EnhanceCEPTAgreement

A1.1.1 ConcludeanewASEANTradein

GoodsAgreement

(ATIGA)

A1.1.1.1 DrafttheAgreement CCCA July 2008

A1.1.1.2 ConsiderationbySEOM SEOM August2008

A1.1.1.3 Endorsementby AEM AEM December

2008

A1.1.2 Ratificationof ATIGA ASEAN10

Yes

No


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Communications for greater outreach andawareness through AEC Communications Plan

Strategies

for

Implementation


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Strategiesfor

Implementation

Map out the roles of stakeholders Coordination with stakeholders through ASEAN

Coordinating Conference on ASEAN Economic

Community (ECOM) and other mechanism ASEAN Talks Business Series

ASEAN Economic Community Council


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TheTakeaway!

Accelerated(ASEAN

EconomicCommunity)

Effective(Implementationof ASEANeconomic

initiatives) Competitive

(ASEAN)

Act(Expeditiouslyand Credibly)

Engage (ALLsectoralbodies andstakeholders

Change

(Mindset)


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THANK YOU

One VisionOne IdentityOne Community

AEC Blueprint 2007 Presentation

Documents

Transcript of AEC Blueprint 2007 Presentation