Asean Economic Community - a plan to create regional economic integration by 2015 - ประชาคมอาเซียน

Asean Economic Community (noun) - AEC, the ASEAN organization for economic cooperation between countries in Southeast Asia (Thailand, Burma, Singapore, Malaysia, Vietnam, Cambodia, Indonesia, Brunei, Laos), includes lowering of tariffs and taxes on goods shipped between countries and free labour mobility for skilled workers