Although, we stand 18 months away from the AEC and tariffs have been going down sharply, intra-Asean trade has stagnated at about 25% of total Asean trade since 2003, says Nazir Razak
Non-tariff barriers remain biggest impediment for AEC
CIMB Group’s Group CEO Nazir Razak has lambasted Asean member states for continuing to place obstacles to trade, such as Non-Tariff Barriers (NTB), which are a clear impediment to the realisation of the Asean Economic Community (AEC). He said while Asean has …
