The ASEAN Economic Community (AEC) has a combined GDP around $2.45 trillion, and is the 3rd fastest growing major Asian economy after China and India. The AEC aims to ease trade barriers within the region with the goal to improve the free movement of goods, services, capital, and skilled labor within the bloc. A single customs window has already been created, with support from the US, while regional agreements to facilitate the movement of ASEAN nationals are also being developed.
ASEAN has five regional free trade agreements (FTAs) with: Australia/New Zealand; China; Japan; South Korea; and India. Singapore is the only member state to conclude FTAs with both the US and European Union (EU).
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Scope of the ASEAN PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for ASEAN.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for ASEAN.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for ASEAN.
- These reports provide risk analysis for ASEAN.
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