”While the ASEAN members were singled out for being the most “open for business” in terms of market access, South Asia was highlighted as the most closed region in the world, having increased tariffs on imported products by nearly 1%, to 16.7%.”
Singapore tops the Enabling Trade Index (ETI) for the fifth time. Its domestic market is rated as one of the world’s most open, with 99.7% of goods entering duty free. The report highlights its border processes as the best in the world – while failings in border administration are a stumbling block in other economies.”
Philippines are “growing up” very fast and are part of the ASEAN area. Don’t miss the opportunity to be part of this huge marketplace.
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