Support to the Initiative for ASEAN Integration (IAI)
Following the creation of the ASEAN Economic Community at the end of 2015, the ASEAN Member States are now pursuing further efforts to integrate their economies. This includes the promotion of a single market and single production base. The Initiative for ASEAN Integration (IAI) was launched in 2000 to assist the less developed countries of Cambodia, Laos, Myanmar and Viet Nam in making the most of the potential benefits of regional integration, while also helping them cope with the associated challenges and economic risks.
Details of how the IAI aims to fulfil these objectives are included in the document ‘ASEAN 2025: Forging Ahead Together’. Numerous measures remain to be implemented, particularly with regard to the ASEAN agreements on trade facilitation and investment in the services sector, and on promoting the mobility of skilled labour.
March 30, 2021