AEC Effects Unlikely To Be Seen For Years
It could take up to a decade for substantial changes to be seen after the Asean Economic Community (AEC) goes into full effect at the end of this year, a Bangkok seminar heard yesterday.
The dream of a single market with free flows of trade, labour and investment will take up to 10 years to be realised, and it will take three or four years before the effects of lowered trade barriers will truly be seen, experts said.
Some tariffs have already been lowered but in many cases …..