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ASEAN Economic Community and Cambodian Entrepreneurs

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Presentation on theme: "ASEAN Economic Community and Cambodian Entrepreneurs"— Presentation transcript:

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 ASEAN’s 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) 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


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