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Conference highlights benefits of Asean

29/1/11 The Nation

Once it becomes a single market, Asean will have huge potential in seven sectors: automotive parts, electronics, halal food, tourism, manufacturing and assembly, machinery and metalwork production, and healthcare, according to a co-chairman of the Asean Business Advisory Council.

Once it becomes a single market, Asean will have huge potential in seven sectors: automotive parts, electronics, halal food, tourism, manufacturing and assembly, machinery and metalwork production, and healthcare, according to a co-chairman of the Asean Business Advisory Council.

At a recent conference, Arin Jira said there was an inexorable move towards Asean becoming a single market and production base.

Business opportunities are increasingly being facilitated by greater economic and regulatory integration, backed by Asean’s and Thailand’s ever-improving exhibitions infra?structure, he said.

At TCEB Exhibition Forum 2011, he noted that the exhibition market would play a vital role in boosting economic growth and integration within Asean.

“While Europe and the United States are plagued by debt and stagnation, Asean offers huge growth potential and is already the fastest-growing region in the world,” Arin said.

Asean secretary-general Surin Pitsuwan said Asean was becoming “one integrated competitive marketplace”.

“I hope people wake up and realise Asean is moving forward with all its jigsaw pieces in place, whatever industry you are in,” Pitsuwan said.

Economic growth in India and China has pushed Asean’s planned integration, to be complete by 2015, to keep Southeast Asia highly competitive and sustain prosperity gains.

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