Nazir: Deeper Asean economic integration no longer optional – it’s essential

KUALA LUMPUR: Asean stands at a critical juncture where accelerating economic integration is no longer optional – it is essential.

In the face of a challenging and uncertain global environment, the region must urgently take concrete steps to strengthen internal collaboration. This means increasing trade and investment flows among member countries and creating a more unified economic front.

Asean-BAC for Malaysia chairman Tan Sri Nazir Razak said despite significant progress in reducing tariffs – currently eliminated on 99% of goods within Asean – non-tariff barriers have been steadily rising.

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