Corporate

ASEAN to be complete free trade area next yr

The Association of South East Asian Nations (ASEAN) will be a complete free trade area next year and regionally integrated for its six most mature economies when duties on most of products are eliminated. The move will significantly reduce the cost of doing business and boost ASEAN"s attractiveness as an investment destination, said P Ravindran, the Senior Director of the ASEAN Economic Co-operation Division at Malaysia"s Ministry of International Trade and Industry (MITI).


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