Trade measures in the form of tariffs and non-tariff measures (NTMs) continue to pose obstacles for ASEAN businesses. Three main areas continue to be of concern: the implementation of existing ASEAN agreements which reduce or eliminate barriers, the need for trade facilitation measures to simplify laws and procedures for cross-border trade in ASEAN (such measures address both customs and non-customs issues) and the need for clear laws and regulations for “Industry 4.0” business activities. Read more on the CABC-supported Singapore Management University (SMU) School of Law report that was released at our 4th CABC Business Forum!
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