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BIAC, the Indonesian Chambers of Commerce and Industry (KADIN), and the ASEAN Business Advisory Council (ASEAN BAC) presented a joint Business Statement to the OECD Southeast Asia Regional Forum held in Jakarta, Indonesia on March 25-26, 2015.
The joint Business Statement sets out five important steps for economic integration in Southeast Asia in the run-up to the launch of the ASEAN Economic Community later this year and in preparation for its post-2015 agenda:
Business calls on policymakers to reduce the remaining barriers to trade and investment across a number of sectors. At the same time, it recognizes the need to strengthen the competitiveness of domestic industries to participate in regional and global value chains. The Statement also proposes a review of the ASEAN Priority Integration Sector list, an investment boost into critical infrastructures, and further efforts to enhance skills, entrepreneurship and the movement of skilled labor in the region.