US lawmaker wants US-Asean free trade deal

A senior US lawmaker says he plans to introduce legislation next week that would urge US trade officials to seek a free trade deal with the Association of Southeast Asian Nations.

Republican Sen. Richard Lugar said in a statement that China, India, Australia, New Zealand and South Korea have free trade agreements with the 10-nation Asean and "are sharpening a competitive edge over the US in Southeast Asia."

Lugar says the United States should "develop a comprehensive strategy toward engaging Asean in serious FTA discussions."

The United States has trade restrictions with military-run Myanmar. But Lugar says that should not prevent a deal with the other nine countries of Asean.

The bill faces a lengthy legislative process and uncertain prospects.

 

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