Saturday, August 15, 2009

Asean rift on rice, sugar

August 15, 2009
By Petchanet Pratruangkrai
The Nation

Other Asean countries have pressured Indonesia, Malaysia and the Philippines for a reduction in their tariffs on highly sensitive products, including rice and sugar, under the Asean Free Trade Agreement (Afta).
They fear that failure to do so will affect progress towards the goal of an Asean Economic Community.
The move came after the three countries' failure to fulfil Afta commitments for substantive reductions in tariffs, thus potentially prolonging the process of integration under a single market.
A senior Commerce Ministry source said yesterday that during the current Asean Economic Ministers Meeting, there had been a call from other member countries for Indonesia, Malaysia and the Philippines to fulfil the grouping's commitment to bring down import tariffs on rice and sugar.

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