Wednesday, August 3, 2011

What is the goal of this ASEAN meeting?
The purpose of this ASEAN meeting is to discuss/debate to improve, harmonize trade and investment policies as the bloc pursues an integrated regional economy by 2015.
What is ERIA? What do they intend to do?
ERIA (Economic Research Institute for ASEAN and East Asia), they drew up plans to review the pattern for the 2015.
What is AEC? What do they intend to do?
AEC (ASEAN Economic Community) ], they help countries identify commitments that will deliver the best results towards integration.
What are the three key areas of focus?The three key areas of focus are trade and transport, services, investment facilitation.
How often does this group plan to meet?
They have this group plan meeting every once a year
What do they intend to keep in their "knowledge bank"?
They intend to keep a possible tools members can use to pursue effective reforms and also a data bank of all regulatory reforms ASEAN members have made.
Who was the chairman of the meeting? What is his title? What is the population and GDP of his country? How does it compare to Australia?
The chairman of the meeting was 'Dato Lim Jock Hoi', population of Brunei is 400,000, GDP is $49,711 US, Australia has more population compared to Brunei, GDP is $36,642
What do you think that economic integration means?
Economic integration refers to trade unification between different states by the partial or full abolishing of customs tariffs on trade taking polace within the borders of each state
Do you think that this is good or bad for Australia?

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