ASEAN and Japan to ink revamped economic pact in March

The economic pact will liberalize the investment and service fields, completing a deal that took effect over a decade ago. Negotiations for the ASEAN Japan Comprehensive Economic Partnership (AJCEP) began in 2005. The elimination of tariff barriers to trade in goods began to gradually take effect in 2008, while issues related to opening up investment and service fields were tabled. In Myanmar, where liberalization lags, the completion of AJCEP will