Wednesday, December 23, 2009

Limited options for petrochem makers in SE Asia to defer or block the implementation of zero-tariff

Petrochemical producers in Southeast Asia have limited legal options to defer or block the implementation of a zero-tariff regime that will take effect next year, as per ICIS.
It was earlier reporteed that Singapore, Indonesia, Malaysia, the Philippines, Thailand and Brunei are the six members of the Association of South East Nations (ASEAN) that agreed, under a free trade pact to remove import duty for a range of products, including polyolefins, starting 2010.

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