ASEAN Economic Community and Cambodian Entrepreneurs

1
ASEAN Economic Community and Cambodian
Entrepreneurs

• Vannarith Chheang
• Cambodian Institute for Cooperation and Peace

2
Single Market and Production Base

• Free flow of goods
• Tariff and non-tariff barriers
• Rules of origin (ROO)
• Trade facilitation
• Customs integration
• ASEAN Single Window

3

• Free flow of services
• Four priority services sectors air transport,
  e-ASEAN, healthcare and tourism
• Mutual recognition arrangements (MRAs)
• Strengthen human resource development and
  capacity
• Financial services sector

4

• Free flow of investment
• Free and open investment regime
• Framework Agreement on the ASEAN Investment Area
  (AIA)
• ASEAN Investment Guarantee Agreement

5

• Freer flow of capital
• Achieve greater harmonization in capital market
  standards
• Facilitate mutual recognition arrangement or
  agreement
• Allowing greater capital mobility

6

• Free flow of skilled labor
• Enhance cooperation among ASEAN University
  Network members
• Qualification
• Research capabilities

7

• Priority integration sectors
• Food, agriculture and forestry
• - Enhance intra- and extra-ASEAN trade and
  long-term competitiveness of ASEANs food,
  agriculture and forestry products/commodities.

8
Competitive Economic Region

• Competition policy
• Foster the culture of fair competition
• Consumer protection
• Intellectual property rights
• Infrastructure development
• -Transport cooperation
• - ASEAN Transport Action Plan maritime, land,
  and air transport, transport facilitation

9

• Taxation
• Complete the network of bilateral agreements on
  avoidance of double taxation among all Member
  Countries to the extent possible
• E-Commerce
• E-commerce within ASEAN
• E-ASEAN framework agreement

10
Equitable Economic Development

• SME Development
• The ASEAN Policy Blueprint for SME Development
  (APBSD) 2004-2014
• Access to information, market, human resource
  development and skills, finance, technology
• Strengthen the resilience of ASEAN SMEs
• Initiative for ASEAN Integration (IAI)

11
Integration into the Global Economy

• coherent approach towards external economic
  relations
• Enhanced participation in global supply networks

12
Challenges for Cambodian Entrepreneurs

• Play at the regional level
• Capacity
• Technology
• Finance
• Networking and information
• Research and development
• Public-private partnership

13
Opportunities

• Competition brings more quality and long term
  development
• Better access to market and information
• Investment and technology transfer
• Knowledge based economy
• Component industries/suppliers
• Part of regional production network