The Organization for Economic Co-operation and Development (OECD) will set up a Jakarta-based Southeast Asia program in May of this year, according to the Center for Strategic and International Studies. The program by the 34-member OECD will assist already existing efforts to achieve greater regional economic integration and key focuses will include trade facilitation, investment issues, regulatory reform and human resources development, the CSIS said, citing Marcos Bonturi, OECD’s director of global relations. The announcement of the OECD initiative comes as the regional grouping aims to establish an Asean Economic Community in 2015.
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