Giant market still takes baby steps on freer services, migration

1122N_ASEAN economy

Malaysian Prime Minister Najib Razak, left, shakes hands with ASEAN Secretary-General Le Luong Minh.

TAMAKI KYOZUKA, Nikkei staff writer

KUALA LUMPUR -- Southeast Asia, whose economic community becomes official later next month, already has achieved a high degree of free trade in goods, but liberalization in services and other areas continues to lag.

     The "most important moment" has arrived for the 48-year-old Association of Southeast Asian Nations, Malaysian Prime Minister Najib Razak told leaders here Sunday at the signing ceremony for the ASEAN Economic Community, home to some 600 million people.

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