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Schwab Meets With ASEAN Economic Ministers

by Mary Swire, Tax-News.com, Hong Kong

01 May 2008

US Trade Representative Susan C. Schwab is in Bali, Indonesia, between 1st-4th May, to meet Association of South East Asian Nations (ASEAN) Economic Ministers regarding the US-ASEAN Trade and Investment Framework Arrangement (TIFA), and to discuss the Doha Round negotiations.

Ms Schwab will also meet with the Indonesian Minister of Trade to discuss the US-Indonesia TIFA.

“Southeast Asia is one of the most economically dynamic regions in the world,” Ambassador Schwab observed, going on to add:

“Building on our TIFA talks in November, we will take stock of the progress we have made with our ASEAN partners and lay the groundwork for our joint efforts going forward. We will also discuss how best to maximize the prospects of a near-term breakthrough in the Doha Round negotiations.”

During her meetings, Ambassador Schwab and the ASEAN Ministers – as well as her counterparts from Australia and New Zealand – will work to achieve a successful market-opening outcome in the WTO Doha negotiations.

In addition to participating in the ASEAN Economic Minister’s Retreat, Ambassador Schwab will hold talks with Indonesian Minister of Trade, Mari Pangestu to build on recent progress, and strengthen economic engagement between the United States and Indonesia.

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