"The first challenge is that ASEAN countries are at very different levels of developmentâ€¦There has to be a self-assessment of where each country is in terms of achieving goals set down by ASEAN. A consolidated assessment of where we are. We will then know where the gaps areâ€¦ASEAN was never intended to be like the European Union, nonetheless though, if we really believe in greater ASEAN integration, we need to move to greater compliance with ASEAN Economic Community obligations and commitments.
"If you want ASEAN to progress, we need to define the obligations for collaboration and then define the rules for competition. The private sector wants clear rulesâ€¦.There is tremendous opportunities for companies laying a footprint across ASEAN, but we need to lay down clearer frameworks for them."
Visit the South-East Asia Summit website here, which includes the full programme and speaker details.
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Supporters of The Economist Events' South-East Asia Summit include HSBC as the Lead Sponsor. Asian Institute of Finance and Deloitte are the Supporting Sponsors. Melbourne Business School is the Academic Sponsor. Edelman is the Official PR agency.