Asia’s free-trade zone raises hopes, some fears

Description

When the clock struck midnight on New Year’s Eve, China and 10 Southeast Asian nations ushered in the world’s third-largest free-trade area.

While many industries are eager for tariffs to fall on everything from textiles and rubber to vegetable oils and steel, a few are nervously waiting to see whether the agreement will mean boom or bust for their businesses.

Original URL

http://economictimes.indiatimes.com/News/International-Business/Asias-free-trade-zone-raises-hopes-some-fears/articleshow/5403307.cms

http://economictimes.indiatimes.com/News/International-Business/Asias-free-trade-zone-raises-hopes-some-fears/articleshow/5403307.cms