US trade talks, Asean reforms lift prospects for firms

KUALA LUMPUR:

 Businesses in Southeast Asia want greater access to US markets and fairer terms in new trade agreements, but these must be balanced against their broader impact on the region.

Commenting on the ongoing trade talks between the US and Asean members, Asean Business Advisory Council (ABAC) chairman Nazir Razak said the “wish list” of businesses in Malaysia and across Asean was straightforward.

“They are very standard kinds of asks, essentially what we had before — access to US markets and minimising tariffs,” he told FMT.

Read more at freemalaysiatoday.com