Monday, January 11, 2016

Gov’t Preparing to Eliminate Import Duties for ASEAN Products


11 January 2016

The government is planning to gradually reduce tariffs on most goods imported from other ASEAN member states to zero, putting Cambodia ahead of what is required of it under the ASEAN Trade in Goods Agreement (ATIGA). Under the AEC, Cambodia, Laos, Myanmar and Vietnam have more flexibility in lowering import duties than the more developed members of the regional bloc.

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