February 1, Press Club Brussels Europe

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1 February 1, 2016 Press Club Brussels Europe

2

3 The ASEAN Journey to Community Building 2015 Accelerate the economic growth, social progress and cultural development in the region through joint endeavors. Promote regional peace and stability through abiding respect for justice and the rule of law Bangkok Declaration 2003 Bali Concord II 1997 ASEAN Vision 2020 ASEAN Community 2007 Cebu Declaration

4 ASEAN (Association of South East Asian Nations) Land Area Population GDP value (US$) ,435,618 Sq. km million 2.57 trillion CAMBODIA GDP growth 4.7 % GDP per capita (US$) 4,136 Foreign Direct Investment billion Merchandise Trade (US$) - Export - Import 2.52 trillion 1.29 trillion 1.23 trillion Source : ASEAN Secretariat, August

5 ASEAN Security Community (ASC) ASEAN Socio-Cultural Community (ASCC) ASEAN Economic Community (AEC)

6 Single Market and Production Base Free flow of goods Free flow of services Free flow of investment Freer flow of capital Free flow of skilled Labor Competitive Economic Region E - Commerce Taxation Competition Policy Intellectual Property Rights Consumer Protection Infrastructure Development Equitable Economic Development Narrowing Development Gap Development of SMEs A Region fully integrated into Global FTA with non-asean Enhanced participation in Global supply chain

7 AEC Blueprint A Single Market and Production Base 1. Free flow of goods Gradually reduced import tariffs since January 2010 ASEAN-6 Zero import tariffs on products from ASEAN 1 January 2015 CLMV Zero import tariffs on products from ASEAN Elimination of Non-tariff barriers - Harmonisation of standards for 20 products ex. Electronic appliances, Rubber products - MRAs for Electrical and Pharmaceutical sectors - Establishment of ASEAN Trade Repository Implement measures to improve trade facilitation - National Single Window linking ASEAN Single Window system - Self-Certification Pilot Project (Thailand, Indonesia, Singapore, Malaysia, Philippines, Vietnam, Brunei) - Improvement of ROOs & customs data linkage 7

8 AEC Blueprint A Single Market and Production Base 2. Free flow of Services To conclude the Protocol to Implement the 9 th AFAS Package Gradually increase foreign equity participation for ASEAN investors up to 70%. Year Year Year Year Year Priority Integration Sectors Telecommunication- Computer / Health / Tourism / Air Transport 49% 51% 70% Logistic 49% 51% 70% Others 49% 51% 70% 8

9 AEC Blueprint A Single Market and Production Base 3. Free flow of Investment 1. Agriculture 2. Fishery 3. Forestry 4. Mining 5. Manufacturing (Industrial) Extend non-discriminatory treatment, including National Treatment and Most-Favored Nations to investors in ASEAN. Revise the AIA and draft the new ASEAN Comprehensive Investment Agreement (ACIA) ACIA : ASEAN Comprehensive Investment Agreement Liberalization, Protection, Promotion, and Facilitation of Investment 10

10 The Achievements Source : ASEAN Economic Community 2015: Progress and Key Achievements

11 KEY Progress Free Flows of Goods: Intra-regional tariff elimination ASEAN %, CLMV 90.6 %, Average % NTB : Simplified RO, Self Certification, Harmonized 170 Technical standard e.x. Electrical, Pharm, Medical Devices, Cosmetic ; Developing MRA on Auto, food and construction, Rubber standard etc. Free Flows of Services and Investment: Increase equity for ASEAN Investors : at least 140 subsectors allow up to 70% ownership for ASEAN investors in any Member country Free Flow of skilled labor : MRA on Engineers, Architect, Nursing, Medical, Dental, Accountant, Surveyor, Tourism Continue to liberalize more on all sectors. Integration to Global FTA In Force : ASEAN AEC, ASEAN INDIA, ASEAN China, AEAN CER, ASEAN JAPAN FTA Ongoing Negotiations : RCEP (ASEAN, China, Japan, India, Australia, New Zealand) Suspended : ASEAN EU

12 The Survey Source: AMCHAM Business Outlook Survey 2016

13 Picture : Circumspectnews

14 Source : ASEAN Secretariat : ASEAN Progress and Key Achievements 2015

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19 DAWEI Deep Sea Port Source Asian Development Bank

20

21 Road National Highway 63,000 km. Rural Road 39,254 km. Local Road 101,845 km. Maritime Total international deep sea port : 6 ports Laem Chabung: 7.7 Million TEUs/Year Bangkok: 1.34 Million TEUs/Year Air Total: 36 airports Suvarnabhumi: 45 million/year Don Mung: 36 million/year Phuket airport: 6.5 million/year Chiang Mai airport: 8 million/year Source: BOI

22 Source : US news Best Countries Ranking

23

24 Over Century of Strategic and Friendship Partners Treaty of Friednshp and Commerce 1868 Viaduc Leopold II Bridge Mr. Gustave Rolin Jeanquemyns 373 rd rank of the list Greatest Belgian Ever Thai Belgian Bridge

25 2015 Bilateral Trade Relations 10, , , , , , , , , , , , , , , , , ,

26 Bilateral Trade Structure Thailand Exports to Belgium 1,547 M. US$ Thailand Imports from Belgium 1,091 M. US $ Principle manufacturin g products 91% Mining and fuel products 0% Agricultural products 6% Consumer goods 17% Vehicles and transport 1% Arms, munitions used in official 0% Fuel lubricants 2% Capital goods 11% Agricultural products Agroindustrial products 3% Raw materials and intermediate 69% Fuel lubricants Capital goods Agro-industrial products Raw materials and intermediate Principle manufacturing products Consumer goods Mining and fuel products Vehicles and transport Arms, munitions used in official

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