Asean mulls paths to integration

Smoother customs clearance, payment systems emerge from Chiang Rai meet.

Customs cooperation and robust financial infrastructure remain the top challenges for Asean in its bid to deepen economic integration and redistribute economic wellbeing.

Asean finance ministers and central bank governors concluded a two-day meeting in Chiang Rai on Friday.

One of the major goals for the 10-nation bloc is a faster, efficient and paperless customs-transit system to facilitate more trade and investment among the member-countries. Thailand, sharing borders with Cambodia, Laos, Malaysia and Myanmar, has much to gain.

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