Publication:

ASEAN: Priorities to make next big leap

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    Authors & editors

    Sampathkumar, Raghavan [Author]

    Publisher Milling & Grain
    Year of publication 2017 October
    Languages

    Medium Digital
    Edition1
    Topics

    Economics & commerce > Commercial policy

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    Scope & contentBy Raghavan (‘Ragha’) Sampathkumar

    ASEAN would have been a stronger and much freer group had it been supported by political will founded on the premises of transparency and mutual acceptance. One of the classic cases is the long pending issue of adopting harmonised CODEX standards and guidance for smoother and fair trade within the region. There are huge challenges for many industries from agricultural inputs to packaged foods. Although the region has done well in reducing malnourishment, halving poverty and improving other human development, much needs to be done holistically to expedite socio-economic development and that must be sooner than the political echelon in the region thinks. Still many governments keep several sectors including food and agriculture protected from freer trade under the ambit of strategic importance and nations’ sovereignty.

    In this context, several organisations including the Asian Development Bank and the newly created Asian Infrastructure Investment Bank are pushing hard for improving both the basic physical infrastructure (e.g. roads and telecommunication) and human capabilities...Read more.

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