WHY THE NETWORK ASEAN FORUM (NAF)
The Big Picture NAF brings regional business leaders together to understand and help shape ASEAN economic integration.
This event will serve as a centre stage of discussion for ASEAN, by convening the ASEAN community and all influential stakeholders. Most uniquely , NAF 2013 will convene around six sector-based “Lifting-The-Barriers” roundtables, with a special focus on identifying bottlenecks and barriers hindering free trade in the context of the ASEAN Economic Community (AEC). The theme for the NAF 2013 is ‘A Strategy for ASEAN’.
It creates a Southeast Asian platform for thought leaders and decision-makers engaged with ASEAN to brainstorm the future of our region.
We want to incubate change in an open exchange of ideas which forges common cause and builds networks of thought and action.
We bridge the gaps that prevent our coming together to form one of the world’s most vibrant economic regions.
MEETING OVERVIEW – “ FORMULATING THE ASEAN STRATEGY”
- The ten member countries of ASEAN are on a on 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 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 population provides 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.
* Source: ASEAN Secretariat
- In the news
- Speech by Mr Tharman Shanmugaratnam, Deputy Prime Minister & Minister for Finance at the Opening of the Inaugural Network
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