Indonesia pouring cold water over Asean Economic Community - Business News | The Star Online: "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.
With a gross domestic product (GDP) of US$870bil, Indonesia is the largest economy in Asean.
It also boasts the largest market size in the region given its huge population of about 250 million."
'via Blog this'
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment