REGULATORY reforms in the Greater Mekong Subregion (GMS) are urgently needed to overcome the main obstacle to development of the pact, experts said recdently at the Euromoney Greater Mekong Investment Forum.

Kobsak Pootrakool, Bangkok Bank’s executive vice-president, cautioned that rules and regulations regarding each country’s import tariffs, coupled with complicated customs procedures, could prevent the six member countries from gaining the full benefit of integration.

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