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ASEAN Free Trade Agreement Spurs 21% Growth in Regional Trade
ASEAN has witnessed significant growth in regional trade, with a 21.5% increase driven by the ASEAN Free Trade Area (AFTA). Since its inception in 1992, AFTA has played a pivotal role in reducing tariffs, with 98.6% of all tariff items now eliminated. The ongoing refinement of the ASEAN Single Window Read more…