Asean and US sign accord


  • Business
  • Saturday, 26 Aug 2006

KUALA LUMPUR: Asean economic ministers signed yesterday a Trade and Investment Framework Agreement (Tifa) with the United States, which will serve as a platform to further deepen and broaden trade and investment relations. 

Under the agreement, Asean and the United States will establish a formal dialogue to address issues between them, to coordinate on regional and multilateral trade matters and to undertake a Work Plan to support regional integration as well as build on their existing trade ties. 

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