Opportunities in ASEAN catch Washington's eye
Article Abstract:
Thirty-two billion dollars worth of US exports were marketed to Assn. of South East Asian Nations (ASEAN) members in 1994. Cognizant of the region's potential as a major importer of US products, the Dept. of Commerce is conducting an in-depth study on the ASEAN market. The ASEAN region is expected to become a bigger importer of US products than China and India combined. However, the US has yet to adopt a strategy to surpass Japan's success in penetrating ASEAN. Japan remains a dominant player in automobile and electronics exports.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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South Korea's OECD bid is complicated by questions about economy's openness
Article Abstract:
South Korea is finding it difficult to gain acceptance into the Organization for Economic Cooperation and Development (OECD), despite its continued economic growth. The OECD wants South Korea to reform its economy to promote greater 'openness.' Particularly, the OECD wants South Korea to liberalize controls on foreign-exchange, direct investment and international trade. Moreover, the organization wants South Korea to revise its tax laws and customs regulations to promote free-flowing trade.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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U.S. backs Sri Lanka's reform plan as starting point for peace negotiations
Article Abstract:
The US government has expressed its support for a new set of reforms proposed by Sri Lankan Pres. Chandrika Kumaratunga as starting point for peace negotiations. US officials have urged the warring parties in the 12-year civil war to end the bloodshed and instead seek out a peaceful solution to their problems.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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