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Establishment of the AEC as a greater share of the region's capacity grouping ASEAN economies which are taking advantage of the size of the market and production base sharing (Economy of Scale) because ASEAN is a big market with a population of 520 million. (GDP) combination 10-c. 700,0 million u.s. dollars and is also creating trade negotiating power in the global trade arena. In addition, the establishment of the AEC is the ASEAN's interest to countries which want to join professional trade and economy even more. By expanding economic cooperation with ASEAN's dialogue partners, including Japan, China, Korea, many South countries India and Australia New Zealand
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For the Thai establishment, the AEC is the ASEAN as a region because of the Thai figure whose acquaintance with most Thai with the geographic location of the Thai Thai facilitate is centred. The economy of the region. Investment and tourism and will likely had significant. Increasingly important role are as follows:
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-Trade-trade liberalization among the ASEAN members, ASEAN as a result, the top export market of 1 Thai since the year 2545 (2002), etc. until the first 5 months of the current year in 2547 (2004) trade between Thai-ASEAN grew to 30.85% is the value of 14, 451.2 million dollars, the United States accounted for 19 proportion.21% of all Thai trade with the world, the Association of Southeast Asian Nations as a partner of Thai trade value as high as possible. At the same time, ASEAN is the second import of Thai since the year 2540 (1997) has always been until now. 1 for the balance of trade between the Thai-ASEAN. Thai is the party over trade surplus with ASEAN since the year 2536 (1993) has always been until now
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Factors supporting the Thai exports to ASEAN include reducing tax obligations tax rate that makes the AFTA remains very low, almost a 0% makes the potential of Thai export products in the ASEAN market more. Can compete with goods from other ASEAN countries. Low down. In addition, aimed at eliminating trade barriers from Barriers, not Non-Tariff (tax measures: NTBs) of ASEAN Make Thai products exported to ASEAN and. Not experiencing problems on NTBs, as are often found in developed countries like the United States and the European Union. In addition By the first half of the year 2547 (2004) GDP growth of ASEAN as a whole increased by 5.9% is considered to be the region with the economic stability in the past 2-3 years ago
.-Investments-direct investment (FDI) from ASEAN countries in Thai is important with a high proportion of nearly 20% of all foreign investment to the country's investment. The Thai ASEAN investment promotion for approval from the investment promotion Committee. In January-may, Malaysia and Singapore, importantly 2547 (2004) Philippines, Singapore has filed for approval, the project includes the value 9,623 million. Malaysia and the Philippines, 8413 million 239 million. Therefore, to accelerate investment liberalization of AEC to eliminate barriers to investment in the region, helping to attract investors both in and outside the ASEAN. More to come in the region. Such as China and India, which now has a more prominent economic.
– Tourism – tourists from ASEAN countries, Thai travelers compared to the number of foreign tourists arriving at all Thai proportion increased from 26% in the year to 23.62 2543 (2000).33% in the year 2546 (2003) nationals visiting Malaysia in most Thai are proportional to 13.29% and tourists from Singapore are in proportion to 6.29%, compared with tourists from other regions, including the European Union, United States, 22.65% proportion that (4.65%) and South Asia (3.88%) and Australia (2.82%), Middle East (2.05%) and Africa (0.67%) so Visa exemption for ASEAN people travelling in the Association of Southeast Asian Nations and cooperating in the. Grants of ASEAN for ASEAN's foreign tourists. Expected to make the trip within the. And to attract tourists from ASEAN countries and ASEAN is also getting more and more Thai as well.
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