In 2014, AEC was collectively the third largest economy in Asia and the seventh largest in the world. The AEC Blueprint 2025, adopted by the ASEAN Leaders at the 27th ASEAN Summit on 22 November 2015 in Kuala Lumpur, Malaysia, provides broad directions through strategic measures for the AEC from 2016 to 2025.
What is Asean blueprint?
The AEC Blueprint will transform ASEAN into a single market and production base, a highly competitive economic region, a region of equitable economic development, and a region fully integrated into the global economy.
When was the AEC established?
On 21 February 1984 following major amendments to the Commonwealth Electoral Act 1918 the Australian Electoral Commission was established as an independent statutory authority.
What is the advocacy of the Asean Economic Community Blueprint?
The implementation of the ASEAN Economic Community (AEC) Blueprint 2015 has been substantively achieved in, among others, eliminating tariffs and facilitating trade; advancing the services trade liberalisation agenda; liberalising and facilitating investment; streamlining and harmonising capital market regulatory …
What is Asean Economic Community Council?
The AEC is the realisation of the region’s end goal of economic integration. It envisions ASEAN as a single market and production base, a highly competitive region, with equitable economic development, and fully integrated into the global economy.
What does Asean stand for?
It declared the establishment of an Association for Regional Cooperation among the Countries of Southeast Asia to be known as the Association of Southeast Asian Nations (ASEAN) and spelled out the aims and purposes of that Association.
What is the tagline for Asean 2025?
Our ASEAN Political-Security Community by 2025 shall be a united, inclusive and resilient community. Our peoples shall live in a safe, harmonious and secure environment, embrace the values of tolerance and moderation as well as uphold ASEAN fundamental principles, shared values and norms.
What 3 things is the AEC responsible for?
The AEC’s main responsibility is to conduct federal elections, by-elections and referendums. The AEC is also responsible for the maintenance of up-to-date electoral rolls, devising electorate boundaries, apportionments and redistributions.
Who founded the AEC?
Atomic Energy Commission, (AEC), U.S. federal civilian agency established by the Atomic Energy Act, which was signed into law by President Harry S. Truman on Aug. 1, 1946, to control the development and production of nuclear weapons and to direct the research and development of peaceful uses of nuclear energy.
What are the 3 communities of Asean?
The ASEAN Community is comprised of three pillars, namely the ASEAN Political-Security Community, ASEAN Economic Community and ASEAN Socio-Cultural Community.
What is Asean Political Security Community?
Based on the above, the ASEAN Political-Security Community envisages the following three key characteristics: A Rules-based Community of shared values and norms; A Cohesive, Peaceful, Stable and Resilient Region with shared responsibility for comprehensive security; and A Dynamic and Outward-looking Region in an …
Where does the Asean currently stand economically?
ASEAN is now an economic powerhouse anchored on regional production networks serving a growing demand base, notably given its emerging middle-income class. The region has consistently outpaced global growth over the years. Several factors have shaped ASEAN’s standing in the global economic architecture.
What is the main goal of Asean 2015 agenda?
To promote a healthy and caring ASEAN Community, where the people achieves maximal health potential through healthy lifestyle, have universal access to quality health care and financial risk protection; have safe food and healthy diet, live in a healthy environment with sustainable inclusive development where health is …
Did the Philippines benefit as a member of Asean how?
MANILA, July 30 — The Philippines has benefited from a substantial increase in trade and investments with the economic integration of the Association of Southeast Asian Nations (ASEAN) which created a wide choice of goods for consumers thus supporting local businesses to expand overseas.
Can the English language improve Asean Economic Community How?
Another way the ASEAN Economic Community is looking to standardize their patent documentation, is by adopting English as a common language. In effect, the AEC hopes this will facilitate cooperation, shorten the examination period and reduce patent translation costs.
What countries are in APEC?
APEC’s 21 member economies are Australia; Brunei Darussalam; Canada; Chile; People’s Republic of China; Hong Kong, China; Indonesia; Japan; Republic of Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; The Philippines; The Russian Federation; Singapore; Chinese Taipei; Thailand; United States of America; …