Prime Minister Datuk Seri Najib Tun Razak (pic) said the work to bring tariffs in Asean down to zero must be pursued vigorously. "We need to work towards facilitative measures such as national single windows seamlessly linked to the Asean single window, and standardised customs procedures. Najib is here to attend the 30th Asean Summit, which begins on Saturday. The Prime Minister said Asean had made great strides in the last five decades, adding that between 1975 and 2014, the Asean economy multiplied 28 times, from US$87.2bil (RM380bil) to US$2.5tril (RM10.9tril). "When we signed the Kuala Lumpur Declaration on the Establishment of the Asean Community in Nov 2015, we were looking at an Asean economy which was close to US$2.7tril (RM11.8tril), the seventh largest in the world.
Source: The Star April 28, 2017 02:03 UTC