By James Hookway
The Wall Street Journal
Countries across Southeast Asia are already building up to the launch of the region’s free trade zone in 2015 with television specials and other events to publicize the approach of the trade pact, but it has never been exactly clear when it is supposed to take effect—until now.
Instead of January 1, as many observers were assuming, the Association of Southeast Asian Nations Secretary-General Surin Pitsuwan Wednesday said the target date is in fact Dec. 31 2015, meaning that the trade pact doesn’t really start until a couple of days into 2016.
Asean officials say an official launch date has never been specified, and the trade group has in any case been working towards the launch of the Asean Economic Community, or AEC, through a series of tariff cuts. “There was never an agreed, exact date to ‘when’ in 2015 we should all work towards—should it be 1st of January? Mid-year? Or year-end 2015,” Mr. Surin said after meeting regional energy ministers in Cambodia Asean’s economic ministers, he said, agreed on Dec. 31.