ASEAN trade to grow 40% through AEC

Published by rudy Date posted on December 1, 2010

BANGKOK — Intra-regional trade among Association of Southeast Asian Nations (ASEAN) member states should increase from 25 percent at present to 40 percent of its total trading value in order to ensure sustainable growth, ASEAN secretary-general Surin Pitsuwan said Tuesday.

Speaking at the ASEAN Business Forum on “Toward AEC 2015: Where we are now?”, Surin said that following the development of infrastructure and trade facilitation, non-ASEAN enterprises are looking for increasing trade and investment opportunity in the region, driven by strong growth path.

ASEAN enterprises should urgently enhance their competitiveness and infrastructure to ensure business growth.

He urged ASEAN to increase the intra-regional trade from only US$400 billion, which is rather small compared to its trade with the world which amounts to US$1.7 trillion. Each ASEAN member must cooperate by seriously liberalizing its market, increasing connectivity and eliminating non-tariff barriers instead of competing against each other. This will help boost trade in the region and help achieve the single market goal by 2015.

20 February –
WORLD DAY OF SOCIAL JUSTICE

“Every day, give everyone their due.
Every day should be Social Justice Day!

The only way”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

 
February Observances

1-7 Feb: World Interfaith Harmony Week
01 Feb: World Wetlands Day
02 Feb: International Day of Human Fraternity
04 Feb: International Day of Zero Tolerance
   for Female Genital Mutilation
11 Feb: International Day of Women and Girls
   in Science
20 Feb: World Day of Social Justice

Monthly Observances:
National Health Insurance Month
Weekly Observances:
Week 1: National Awareness Week
for the 
Prevention of Child Sexual Abuse
   and Exploitation 
Week 3: Public Administration Week
Daily Observances:
Feb 1 Constitution Day

 

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.