INQUIRER.net: Q&A: Why Southeast Asia aims for an economic union

INQUIRER.net Philippine News for Filipinos

Q&A: Why Southeast Asia aims for an economic union Apr 26th 2013, 00:03 BANDAR SERI BEGAWAN, Brunei—The 10 members of the Association of Southeast Asian Nations are creating an ambitious European Union-inspired economic community that will weld together diverse countries to counterbalance a rising China and an America that is increasingly assertive in Asia. Here are some key questions and answers on the Asean Economic Community:   Q: Southeast Asian countries already have free trade. Why is an economic community needed?   A: The AEC, as the economic community is known, is a strategy to boost the region's economic clout. A blueprint adopted in November 2007 sets targets and timelines to fuse the 10 disparate Southeast Asian countri... Keep on reading: Q&A: Why Southeast Asia aims for an economic union Media files: Brunei-ASEAN2-1024x541.jpg (image/jpeg)

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