The implications of Asean Economic Community or FTA

In 2007 Summit ASEAN leaders affirmed their strong commitment to accelerate the establishment of an ASEAN Economic Community (AEC) by 2015.
The AEC aims to make ASEAN a more dynamic and competitive economic block by making it a single market and production base by 2015 governed by the principles of an open, outward-looking, inclusive, and market-driven economy.
 
As a single market and production base, the AEC comprises the following five core elements:
1. Free flow of goods
2. Free flow of services
3. Free flow of investment
4. Freer flow of capital
5. Free flow of skilled labour
 
The above paras were copied from a post in TRE by a Honest Singaporean. Presumably the 5 core elements are true. This is another FTA in the same nature as CECA that is starting to destroy the very fabric of our society and causing many PMEs to lose their jobs as well as social and security problems. The more serious implication is the flooding of foreigners to replace the true blue Singaporeans if not managed carefully.
 
The AEC has good intention and is meant to help all the Asean countries to grow and prosper together. What if the result is the reverse or what if there are adverse consequences that outweigh the benefits? We have seen how destructive the CECA is. We are at the verge of signing the American initiated PPT with so many hidden terms that are unable to see the light or they did not want the people to know. Anything that cannot be known or must be hidden is unlikely to be good. When people say I can’t tell you, it is likely to be bad.
 
Now this AEC, in particular item 5, Free flow of skilled labour, will undermined the whole foundation of our meritocracy and education system. We have set a very high standard for our students and they are now being forced to compete with the graduates of other countries with doubtful and funny education systems and standards. Are their qualifications equivalent to ours? Are we going to recognise any backlane universities or degrees from the degree mills? Are we being fair to our graduates that sloppy and questionable papers will not be accepted wholesale as equivalent to our local universities?
 
Further, we are only 3.5m people and we can be easily overwhelmed if we blindly open our legs even wider. We can dream big but we must also know that we are small and have a lot of limitations and weaknesses. We are already feeling the pain of uninvited forced entry, being raped unknowingly and unwillingly. The AEC could amount to legalised raping across the whole island in all industries and at all levels if there are no restrictions placed on them.
 
If not skilfully managed, we will be absorbed into a sea of humanity from the Asean countries and be lost completely. The govt needs to explain the implications and consequences to the people before committing to the AEC. We do not want to be a Britain standing out like a sore thumb in the EC and after messing it up has to quit the community with scars and wounds that would take a long time to repair.
 
What is this AEC? What is CECA? What is PPT? Do the people know what they are in for? Does the govt think it owes the people a responsibility to explain the demerits of joining and not just about how good they are, like the Medisave Life, only telling the good stuff, the influx of more foreigners and 6.9m population, again only saying the good stuff.
 
Tell us the whole truth, the whole picture. How many of our professionals would want to work in the Asean countries to earn pesos, rupiahs, ringgits, dongs, bahts or whatever? They are plenty of opportunities for business and jobs, but to earn less. Is that what we want to trade our professionals with their professionals? It is likely to be a one way traffic and our PMEs being left on the shelf.