Jan 5, 2016

Converging Regulations for the Chemical Industries of ASEAN: Feasibility from a Political Perspective

“The ASEAN Economic Community (AEC) lays the foundations of regional economic integration in Southeast Asia. The goal of the AEC is to result in facilitating free flow of trade, services and investment in the region. Economic integration provided by the AEC will be a great boon to the chemical industry in Singapore, but challenges remain in the form of divergence in regulations and the different levels of development among ASEAN nations. The difficulties are further compounded by the ASEAN founding principle of non-interference (also nicknamed the “ASEAN Way”), which hamper the pace of much-needed reform. This does not mean that meaningful reform towards a full implementation of the AEC is impossible.”

-Davin Ng

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