Cut Red Tape, Dismantle Non-Tariff Barriers To Unlock Full Potential Of Sub-Regional Groupings – Economists

By Nur Athirah Mohd Shaharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 19 (Bernama) -- ASEAN needs to double down on streamlining regulations and cutting red tape, including harmonising customs procedures, to unlock the full potential of sub-regional groupings.

Sub-regional Initiatives Such As IMT-GT, BIMP-EAGA Have Borne Fruit While Complementing Asean Economic Community Ambitions

KUALA LUMPUR, June 8 (Bernama) -- Sub-regional initiatives such as the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) and the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) have not only borne fruit significantly but proven to be vital complements to the ASEAN Economic Community (AEC) in boosting trade, investment and regional connectivity.