Jakarta (ANTARA News) - Indonesia has the most excellent market prospects in the upcoming ASEAN Economic Community (AEC), Secretary of the Ministry of Cooperatives and Small and Medium Enterprises Agus Muharram said.

"As Indonesia has the highest number of people in the ASEAN region, it will have the best market in the AEC," Muharram stated here on Friday.

According to the ministry secretary, these conditions can trigger a single market and regional production base in Indonesia because each region has unique economic potential.

With the development and advancement of information, global changes and regional economic cooperation cannot be avoided, Muharram pointed out.

In addition, he also urged Indonesians to prepare for the implementation of the AEC by improving their skills, services and products.

"There will be a region with an equitable economy, but there are also areas with high competitiveness. If we cannot compete, we may lose in the AEC competition," he emphasized.

With the implementation of the AEC, he noted, each Indonesian can conduct economic transactions freely, either in the form of commodities or as services, in the member states of the ASEAN.

"Anyone can work here, including investors and venture capitalists. Foreign banks can provide microfinance services," Muharram affirmed.

Editor: Ade P Marboen
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