ASEAN Economic Community

E25641

The ASEAN Economic Community is a regional economic integration initiative that aims to create a single market and production base among Southeast Asian nations, promoting the free flow of goods, services, investment, skilled labor, and capital.

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Observed surface forms (2)


Statements (51)

Predicate Object
instanceOf economic union
regional economic integration initiative
abbreviation AEC
aimsTo enhance ASEAN’s global competitiveness
integrate ASEAN into the global economy
narrow development gaps among ASEAN member states
announcedIn 2003 Bali Concord II
coordinatedBy ASEAN Secretariat
establishedBy ASEAN Summit
surface form: ASEAN leaders
formalEstablishmentDate 2015-12-31
goal create a single market and production base in ASEAN
promote free flow of goods
promote free flow of investment
promote free flow of services
promote free flow of skilled labour
promote freer flow of capital
guidedBy AEC Blueprint 2015
AEC
surface form: AEC Blueprint 2025
hasPillar competitive economic region
equitable economic development
integration into the global economy
single market and production base
headquartersLocation Jakarta
surface form: Jakarta, Indonesia
language English
member Brunei Darussalam
Cambodia
Indonesia
Laos
surface form: Lao People’s Democratic Republic

Malaysia
Myanmar
Philippines
Singapore
Thailand
Viet Nam
partOf Association of Southeast Asian Nations
pillarOf ASEAN Community
policyArea SME development
competition policy
consumer protection
food, agriculture and forestry cooperation
infrastructure development
intellectual property rights
investment liberalization
mutual recognition of professional qualifications
services liberalization
trade liberalization
region Southeast Asia
relatedAgreement ASEAN Comprehensive Investment Agreement
ASEAN Framework Agreement on Services
Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area
surface form: ASEAN Trade in Goods Agreement
shortName AEC

Referenced by (8)

Full triples — surface form annotated when it differs from this entity's canonical label.

ASEAN Secretariat affiliation ASEAN Economic Community
Secretary-General of ASEAN associatedWith ASEAN Economic Community
ASEAN Secretariat hasPart ASEAN Economic Community
this entity surface form: ASEAN Economic Community Department
ASEAN Free Trade Area partOf ASEAN Economic Community
this entity surface form: ASEAN Economic Community framework
ASEAN Socio-Cultural Community relatedTo ASEAN Economic Community
ASEAN Summit relatedTo ASEAN Economic Community