Asean Summit wraps with deepening integration, uplifting signs for regional economy


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KUALA LUMPUR: The upgraded trade in goods agreement, reciprocal tariff deals with the United States and renewed commitments by dialogue partners such as Australia to pour millions of ringgit in investments into the region and New Zealand to enhance economic partnership were hallmarks of the 47th Asean Summit and Related Summits which ended here Tuesday (Oct 28).

Asean Chair and Prime Minister Datuk Seri Anwar Ibrahim said that besides this, fresh momentum was injected into the 15-nation Regional Comprehensive Economic Partnership (RCEP) from its summit on Monday (Oct 27) after a lull of five years, bolstering the world’s largest free trade area.

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