Intra-Asean trade seen to hit 30% by 2020


KUALA LUMPUR: Intra-Asean trade is expected to grow to 30% of total trade by 2020 as the region now has all the ingredients as a great trading hub, says Malaysia External Trade Development Corp (Matrade) chief executive officer Datuk Dzulkifli Mahmud.

He said trade among Asean, which currently hovered around 24%, was expected to increase to 30% of their total trade by 2020, driven by Asean Economic Community (AEC) initiatives.

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Business , Intra-asean trade , economy ,

   

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