Surin Pitsuwan '72, completed the signing of a historic Free Trade agreement between the ASEAN and Japan on April 15.
The ASEAN-Japan Comprehensive Economic Partnership (AJCEP) will increase ASEAN exports to Japan by 44.2% and Japanese exports by 27.5%. Additionally, ASEAN GDP is set to increase by 1.99% and Japanese GDP by 0.07% as a result of the deal.
"With the AJCEP, we hope to encourage regional cumulation that will benefit Japanese investors like Toyota, Mitsubishi and Sony, which are operating and have huge investments in ASEAN countries, and support ASEAN industries as well,”
(Partial) Courtesy of: Econ 50 GE, CMC legacy of Political and Economic Freedom
Tuesday, April 22, 2008
Surin Pitsuwan '72 Signs Historic Free Trade Agreement Between ASEAN, Japan
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1 comments:
Yay! Free trade! Looks like one CMCer learned his Econ. 50 lessons... unlike Peter Thum,, the founder of Ethos water.
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