Indonesia pouring cold water over Asean Economic Community

Nazir:

SINGAPORE: Indonesia’s seeming lack of enthusiasm towards Asean economic integration is pouring cold water on the ambitious initiative of creating a single market and production base in the region by the end of this year.

While other member states of Asean, including Malaysia, have been busy ironing out the hurdles posed by their respective regulatory and policy framework to achieve the vision of an Asean Economic Community (AEC), the success of the scheme has come into question due to Indonesia’s lukewarm reception to the idea.