ASEAN Economic Community and Cambodian Entrepreneurs Vannarith Chheang Cambodian Institute for Cooperation and Peace

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

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

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

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

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

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

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

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

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)

Integration into the Global Economy coherent approach towards external economic relations Enhanced participation in global supply networks

Challenges for Cambodian Entrepreneurs Play at the regional level Capacity Technology Finance Networking and information Research and development Public-private partnership

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