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.
“Asean is nothing without Indonesia,” CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak said.
A staunch proponent of the AEC, Nazir, also co-chair of Asean Business Club (ABC), said the sheer size of Indonesia’s economy made the country’s commitment to and participation in the AEC critical in ensuring the success of the vision.
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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.
“Asean is nothing without Indonesia,” CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak said.
A staunch proponent of the AEC, Nazir, also co-chair of Asean Business Club (ABC), said the sheer size of Indonesia’s economy made the country’s commitment to and participation in the AEC critical in ensuring the success of the vision.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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