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ASEAN Series of Forums on Competition Opens in Singapore
Source: aseansec.org
Source Date: Wednesday, November 03, 2010
Focus: Electronic and Mobile Government, ICT for MDGs, Thematic Website, Knowledge Management in Government, Citizen Engagement
Created: Nov 08, 2010

To shape a common understanding on fair business competition in ASEAN, a series of forums are being organised in several ASEAN Member States. The first forum kicked off in Singapore today.

The forums explore the reader-friendly “Handbook on Competition Policy and Law in ASEAN for Business”, which describes basic concept of competition laws applicable in ASEAN Member States. The forums aim to foster a competition culture and build consensus for the introduction and the development of competition policy and law throughout ASEAN. The main target beneficiaries of the Handbook, in particular, are business associations as well as single enterprises and business persons wishing to acquire a deeper understanding of the competition laws applicable throughout ASEAN.

More than 120 participants attended the first forum, including senior officials from various ministries, public authorities, academia, and local business community. Deputy Secretary-General of ASEAN for ASEAN Economic Community, Mr S. Pushpanathan, in his opening remarks highlighted the great importance that ASEAN region had placed on fostering and ensuring open markets and a level playing field for business and investments in ASEAN. He further mentioned that global economic dynamism had intensified competition in the last two decades. “Competition Policy and Law has played and will continue to play a complementary role in helping governments, businesses and the consumers to reap the full benefits of greater external liberalisation and domestic policy deregulation,” he said.

The Handbook was prepared by the ASEAN Experts Group on Competition (AEGC) and unveiled by the ASEAN Economic Ministers on 24 August 2010.

The forum in Singapore was jointly organised by the AEGC, the ASEAN Secretariat, and the Competition Commission of Singapore. The series of forums in ASEAN is being organised with the support from InWEnt - Capacity Building International, Germany, and funding from the German Federal Foreign Office.

Bangkok will be the next venue of the forum on 5 November, followed by Jakarta on 8 November, Ha Noi on 10 November, and Manila on 12 November. The series will end in Kuala Lumpur on 15 November 2010.
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