Trade plan drawn up with US
- Published: 21 Nov 2012 at 00.00
- Newspaper section: News
The United States and Asean have drawn up a new framework for economic cooperation to expand trade and investment.
The so-called US-Asean Expanded Economic Engagement, or E3 initiative, was agreed upon during a meeting between US President Barack Obama and leaders of the 10 Asean nations yesterday in Phnom Penh.
The E3 initiative will create new business opportunities and jobs in all 11 countries, a White House statement said.
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