ASEAN prepares MRAs for automobiles, construction materials
ASEAN plans to sign a pact on mutual recognition arrangements (MRAs) for automobiles and building and construction materials in September with the aim of reducing production costs and fostering trade among members.
An automobile assemble factory in Hai Duong (Source: VNA)
Bangkok (VNA) – ASEAN plans to sign a pact on mutual recognitionarrangements (MRAs) for automobiles and building and construction materials inSeptember with the aim of reducing production costs and fostering trade amongmembers.
Thai Vice Minister of Commerce Sansern Samalapa said thatdespite the COVID-19 crisis, ASEAN member states continue working closely on MRAsfor automobiles and parts, as well as for building and construction materials.
Once effective, the pact will help reduce production costsand ease the export and import of automotive products and construction materialsamong members, he said.
Through MRAs, products that are tested and certified beforeexport can enter the importing country directly without having to undergosimilar conformity assessment procedures in the destination.
Previously ASEAN countries agreed on MRAs for processed foodand electrical and electronics products./.
ASEAN economic ministers will sign a pact on mutual recognition arrangements (MRAs) for automobiles and parts as well as the improvement of protocols for dispute settlement mechanisms in September.
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An automobile assemble factory in Hai Duong (Source: VNA) 
