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Hun Sen calls for complete removal of Asean trade barriers

Publication Date : 30-10-2012

 

Camboidan Prime Minister Hun Sen today called for the complete removal of tariff and non-tariff barriers when the Association of Southeast Asian Nations (Asean) Economic Community (AEC) is set up in 2015.

"Tariff and non-tariff barriers should be completely dismantled as the decisive step towards deeper economic integration," he said during an Asean symposium. "Asean can announce this decision when it declares the establishment of the AEC in 2015."

Hun Sen also called for enhanced trade facilitation, further services liberalisation and a  regional framework for liberalising and facilitating cross-border capital flows.

At the same time, "connectivity and transport facilitation should be further enhanced for creating a single market and resilient production base in Asean," he said.

"Efficient transport logistics and distribution services will be needed to underpin the competitiveness of manufacturing industries in the region.

"Moreover closer integration of the rural economy into the Asean and global production networks and markets through better connectivity will promote equitable development in the region."

Hun Sen also stressed the importance of small and medium-sized enterprises to expand employment and entrepreneurial opportunities.

"A healthy SME sector is necessary for promoting equitable growth in the region while it progresses towards the establishment of Asean Economic Community," he said.

 

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