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ASEAN Ministers Issue Joint Statement on Tariff Elimination, Etc.

The ASEAN Economic Ministers have posted a joint statement on their recent Minister's meeting. They note that as of January 1, 2010, 99.65% of all tariff lines under the Common Effective Preferential Tariff Scheme for the ASEAN Free Trade Area…

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(CEPTAFTA) have been eliminated. They add that for the newer ASEAN Member States -- Cambodia, Lao PDR, Myanmar and Vietnam, 98.96% of total tariff lines are now within the 0-5% range.