ASEAN Economic Integration Progress and Gaps

What ASEAN integration has achieved and where gaps remain

The Achievement

ASEAN Economic Community progress: tariff reduction across most goods categories, mutual recognition agreements in several professional services sectors, and the ASEAN Single Window for customs documentation. Intra-ASEAN trade as a percentage of total ASEAN trade has increased.

The Gaps

Non-tariff barriers harder to reduce than tariffs. Services sector integration slower than goods. Labor mobility remains restricted despite the economic logic for skilled worker mobility within the region.

Coverage

Daily Asian News covers ASEAN integration because the region economic development depends on the degree to which the world fifth-largest combined economy can function as an integrated economic space.

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