Trade Ministers for SEA Countries in Laos Annual Summit: Their meeting focuses on the groups goal of forming an economic block by 2020. Economic cooperation amongst 10 ASEAN members is increasingly vital as the region tries to compete and complement the rising power of China and India.
Biggest discussion point of these ASEAN Meetings: abolishment of tariffs of 111 priority areas among Asian countries particularly among autos, fisheries, electronics
Simon Littlewood, President of Asia Now quotes,
Individual governments in individual countries are very concerned for political reasons to maintain the success of individual industries. Even a major nations are alsways lookig for an advantage and its not clear particularly for the poorer members of the ASEAN, there is gonna be a massive advantage in abolishing tariffs. There gonna be winners and losers.
The USA is the only country that does not have tariffs. Every other country is afraid of free trade because they are weak and can not compete in the open. Also only the USA is so evil they do not give a shit about the working people of their own nation. Evil fuckign jews dont give a shit about anyone.
TheThedot 1 year ago