Although the Asean Free Trade Area and Asean Economic Community is supposed to be in place by 2015, there are signs on the ground in many of the member nations that this is far from the case. Overshadowed by the rapid growth and development of China and to a lesser extent India, the Asean region has been largely out of global focus. Nonetheless while in terms of gross domestic product, the Asean region cannot come even close to matching other blocks like China, the US, Eurozone, India, and Japan, trade and consumption figures are very interesting.
Asean's Missed Opportunities
Asean's Missed Opportunities
Asean's Missed Opportunities
Although the Asean Free Trade Area and Asean Economic Community is supposed to be in place by 2015, there are signs on the ground in many of the member nations that this is far from the case. Overshadowed by the rapid growth and development of China and to a lesser extent India, the Asean region has been largely out of global focus. Nonetheless while in terms of gross domestic product, the Asean region cannot come even close to matching other blocks like China, the US, Eurozone, India, and Japan, trade and consumption figures are very interesting.