The 3rd meeting of the ASEAN Economic Community (AEC),
chaired by Vietnamese Minister of Industry and Trade Vũ Huy Hoàng.
ASEAN Economic
Ministers at the 3rd meeting of the ASEAN Economic Community, Hà
Nội, April 7, 2010 - Photo: VGP/Nhật Bắc
According to Minister Hoàng, since the endorsement of the
AEC Blueprint in 2007, the bloc has made great progresses in implementing the
AEC. So far, ASEAN-6 has fully lifted 99.65% of their tariff lines while CLMV
countries (
Also in 2010, ASEAN sees the coming into force of its free
trade agreements with China (ACFTA), Republic of Korea (AKFTA), Australia-New
Zealand (AANZFTA) and India (AIFTA).
Mr. Hoàng said that the AEC Meeting would focus on approving
important documents to be submitted to the 16th ASEAN Summit on
April 8–9, including the AEC Council’s report; the economic section in the
ASEAN President’s report; and the Leaders’ Statement on recovery and
sustainable development.
The agenda also covered the implementation of the AEC
Blueprint, especially in goods, services, investment.