Meeting Overview | CARI ASEAN Research and Advocacy

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		The ten member countries of ASEAN are on a schedule to achieve the ambitious vision of the ASEAN Economic Community 2015.

		The most significant milestone of this vision is to create a single market and production base among the 10 member states.

		This would mean fundamental changes in the way business has been conducted in this nexus of East and West. This pillar, however, scored the lowest rate of compliance in the AEC Blueprint scorecard 2012, with a less-than-ideal 49% score.

		While ASEAN is committed to the integration as planned, the Euro zone crisis certainly presents a counter argument of the benefits of an integrated economic community.

		Despite the lack of standout achievements in the latest report card and a lackluster European economy, ASEAN is still placed in the sweet spot of the new world economy.

		Situated at the crossroads where east and the west converge, its approximately 600 million populationprovides an important market for growth.

		With less than three years left on the clock against the backdrop of mixed euphoria and anxiety, ASEAN corporates and citizens are in search of formulas for how best to adapt to this impending change.

		ASEAN needs a new strategy.