Inauguration of the AEC and Its Impacts on Relation between Singapore and Indonesia(10)

Comparative Research on Relationship of Singapore and Indonesia in the AEC Aspect

This was in line with the ASEAN Vision 2020, which aimed to transform ASEAN into a stable, prosperous and highly-competitive region with equitable economic development, reduced poverty, and socio-economic disparities, progressing in tandem with the establishment of the ASEAN Political Security Community and the ASEAN Socio-Cultural Community. 

The AEC Blueprint 2015 was initiated at the 38th ASEAN Economic Ministers Meeting (AEM) in Kuala Lumpur.