ASEAN Economic Integration Through Trade and Foreign Direct Investment: Long-Term Challenges

October 1, 2015

This paper explores the long-term challenges for trade and foreign direct investment (FDI) of the Association of Southeast Asian Nations (ASEAN). The region has emerged as an important production base for multinational corporations by joining East Asia’s supply chains. While proceeding to establish the ASEAN Economic Community (AEC) by the end of 2015, ASEAN has also forged five major free trade agreements (FTAs) with its dialogue partners (People’s Republic of China, India, Japan, Republic of Korea, and Australia–New Zealand) and is currently negotiating the Regional Comprehensive Economic Partnership (RCEP). In addition, four ASEAN member states are working on the Trans-Pacific Partnership (TPP) negotiations.

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Topics: ASSOCIATION OF SOUTHEAST ASIAN NATIONS (ASEAN) FOREIGN DIRECT INVESTMENT (FDI) ASEAN ECONOMIC COMMUNITY (AEC) REGIONAL INTEGRATION

Agreements: ASEAN-AUSTRALIA-NEW ZEALAND ASEAN-CHINA ASEAN-JAPAN ASEAN-KOREA REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP (RCEP) ASEAN-CHINA-JAPAN-KOREA (ASEAN +3)

Regions: BRUNEI DARUSSALAM CAMBODIA INDONESIA LAO PDR MALAYSIA MYANMAR PHILIPPINES SINGAPORE THAILAND VIETNAM SOUTHEAST ASIA

Authors: ASIA DEVELOPMENT BANK (ADB)

Publishing Institution: ASIAN DEVELOPMENT BANK

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