"After decades of economic isolation and deprivation, Myanmar appears on the way to economic and political reforms. Initially, there is a nagging fear that Myanmar democratic process and economic reform could be reversed at some time in the near future. But gradually it becomes increasingly clear that the reform is here to stay with a caution that there would be some detours and setbacks along the way. Reform success would not be easy and how bumpy the road ahead will depend crucially on whether political reform can be entrenched through economic development that only economic reform can bring. Myanmar political and economic changes occur in the midst of ASEAN economic integration and regional change. The ASEAN Economic Community (AEC) is scheduled to be completed in 2015 which is based on the four pillars of a single market and production base, a competitive region, a region of equitable development and a region connected to the global economy. Since the inception of the AEC blueprint in 2007, a great deal of integration measures have been agreed and implemented. Trade liberalization in services, investment and freer movement of capital have made significant progress while liberalization of trade in goods is practically completed. This liberalization and de-regulation have been accompanied by trade and investment facilitation, standardization of customs procedures towards ASEAN Single Window, standards and conformance and mutually recognized agreement (MRAs). As a member of ASEAN, Myanmar has agreed and initiated the required measures and domestic change as required by the AEC blueprint to achieve the AEC by 2015..."