The establishment of the AEC and its implication for South Korea(9)

The establishment of the AEC and its implication for South Korea

In doing so, physical barriers will be torn down and regional exchanges and trades will be fairly accelerated. This will also gear up the possibility of the realization of the AEC overcoming the concern that the AEC blueprint 2025 may remain a mere declaratory gesture. 

As a matter of fact, a global war without guns has been underway to attract the ASEAN actively stretching itself to the world. For instance, Japan has been striving to enhance its clout on the AEC by devoting itself to investment on the infrastructure and key industries.

 

The establishment of the AEC and its implication for South Korea(10)

The establishment of the AEC and its implication for South Korea

In doing so, physical barriers will be torn down and regional exchanges and trades will be fairly accelerated. This will also gear up the possibility of the realization of the AEC overcoming the concern that the AEC blueprint 2025 may remain a mere declaratory gesture. 

As a matter of fact, a global war without guns has been underway to attract the ASEAN actively stretching itself to the world. For instance, Japan has been striving to enhance its clout on the AEC by devoting itself to investment on the infrastructure and key industries.

Establishment of the AEC and its implication for South Korea(9)

Establishment of the AEC and its implication for South Korea

For instance, Japan has been striving to enhance its clout on the AEC by devoting itself to investment on the infrastructure and key industries. South Korean business people navigating new growth chances have unanimously pointed out that Japanese business presence is dominant in the region. 

Moreover, China is speeding up recently by utilizing its extensive networks across the region. China has maintained robust retail and wholesale channels in most part of the ASEAN since around the 16~17th century when the Western forces first embarked on their rush to Southeast Asia.