The establishment of the AEC and its implication for South Korea(6)

The establishment of the AEC and its implication for South Korea

In spite of the skepticism raised, the importance of the birth of a sizable single economic community shouldn’t be underestimated. Along with Africa and South America, the ASEAN has been called as the symbol of underdeveloped areas. 

Thus, major powers like America, the EU and China would remain invincible if the ASEAN members try to compete with them individually. However, situation would be different if joint efforts of the 10 countries to cope with superpowers is designed and carried out.