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QUEZON CITY, Philippines (Eagle News) — Members of the Association of Southeast Nations were urged to prioritize resolving problematic issues faced by the region during the 31st ASEAN Summit. Economic experts say that if the regional issues were not solved, the ASEAN economic integration may not be achieved. These issues include those on investment, infrastructure, communication and information technology, as well as terrorist threats. https://youtu.be/ZY65NB5tg2E
(Eagle News) — With a market which is even bigger than that of the United States, the Association of Southeast Asian Nations (ASEAN) is working vigorously toward integrating the region’s economies to bring the benefits of growth to the 650 million people in this 10-nation bloc. This was how Finance Secretary Carlos Dominguez III explained the “compelling” reason to implement the ASEAN goal of a single market and production base under the ASEAN Economic […]
MANILA – Finance Secretary Carlos Dominguez III said the Duterte administration will look “closely” at the Regional Comprehensive Economic Partnership (RCEP), given its new policy of moving the country swiftly towards economic integration with its fellow-members in the Association of Southeast Asian Nations (ASEAN) and major trade partners in Asia and the Pacific. “I personally would like to look at RCEP closely because that’s the 10 ASEAN countries, I think. That one, we are more open to,” Dominguez said […]
By Seungjoo Lee, Chung-Ang University (Courtesy East Asia Forum) — Economic integration has steadily increased in East Asia. But the region still suffers from what South Korean President Park Geun-hye calls ‘Asia’s paradox’, the disconnect between economic interdependence and backward political and security cooperation. Any further economic integration will likely reflect political power shifts in the region. Between 1990 and 2012, intra-regional trade among the ASEAN+3 nations increased from US$562 billion to US$4,436 billion. This represented […]
PAGADIAN CITY, Dec. 3 — The passage of the Bangsamoro Basic Law (BBL) will be crucial to the participation of the Philippines in the anticipated economic integration of the Association of Southeast Asian Nations (ASEAN) in 2015. “It is important for us to ensure the security and stability of Mindanao, because geographically, it is our gateway to our ASEAN neighbors,” said Undersecretary Jose Lorena of the Office of the Presidential Adviser on the Peace Process […]
