Dr M: Intra-Asean trade small, time to boost commerce | Malay Mail

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Dr M: Intra-Asean trade small, time to boost commerce

Prime Minister Tun Dr Mahathir Mohamad while attending the 34th Asean Summit at The Athenee Hotel in Bangkok June 22, 2019. — Bernama pic

“Only 25 per cent of total trades comes from Asean... other groupings like the European Union and North America, trade with them are very big... 40 to 50 per cent,” he highlighted during a press conference with Malaysian media today before he travels back home. Dr Mahathir said another way is by looking at products that Asean countries can import within the group instead of outside the region.

“I’m talking about the idea of Asean cars. We won’t stop importing cars but Asean should have a car of its own,” he added. “The interfaith with youths, they presented their views on their needs and what needs to be done, we have taken note of their request.”

 

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