ASEAN told to resist linking trade to politics
ASEAN told to resist linking trade to politics
KUALA LUMPUR (AFP): Malaysia urged member countries of the
Association of Southeast Asian Nations (ASEAN) yesterday to
resist moves by major trading nations to link trade to politics.
Citing Washington's recent ban on U.S. investments in Myanmar,
International Trade and Industry Minister Rafidah Aziz warned
that such policies would hamper free trade and investment in the
regional grouping.
"This is completely untenable and ASEAN must resist such
moves," Rafidah said when opening a two-day seminar on
Globalization and free trade: implications for ASEAN here.
"ASEAN, as a group, must act in concert and resist attempts to
dilute ASEAN's collective force, or to erode the grouping's
united position on issues of common concern in trade and
investments," she added.
Rafidah called on member states to continue with the
collaborative strategy to monitor trade policies of the region's
major trading partners to prevent any imposition of rules and
legislation that would curtail its exports.
"In fact, ASEAN must be able to leverage on its economic
strength to ensure that the markets of its trading partners are
not constrained by unacceptable trade policies," she said.
Rafidah pointed out that any discriminatory policy must be
consistent with the provisions of universally accepted World
Trade Organization rules and cannot be trade distortive.
"There is really no such thing as free trade. No country has a
market that is absolutely free of rules. What is being sought
after is more liberal trade, with no undue constraints," she
said.
The United States, which announced the investment ban last
Tuesday, ended the week by appealing to ASEAN countries to block
Yangon's admittance to the grouping over its poor human rights
record.
But ASEAN, which groups Brunei, Indonesia, Malaysia, the
Philippines, Singapore, Thailand and Vietnam, has brushed aside
U.S. sanctions and is pressing ahead with preparations to admit
Myanmar.