Toyota Australia has welcomed a proposal from ASEAN economic ministers to upgrade economic relations to the next level, including the possibility of launching an ASEAN-CER free trade area.

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Executive chairman John Conomos said: “There is a natural synergy between the automotive industries of Australia and ASEAN.


“Breaking down the trade barriers potentially provides significant opportunities for the industries in both areas.


“The combination of a mature developed economy such as Australia and the tremendous potential of the ASEAN economies should provide an added stimulus for growth and investment,” Conomos added.

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