The Malaysian government has ensured balanced fuel distribution nationwide and is prepared to import additional fuel if necessary to maintain stability
The two sides discussed expediting the Agreement on Reciprocal Trade (ART) to strengthen economic confidence and address potential US trade measures
The bloc welcomes the progress in the implementation of the ASEAN Regional Investment Action Plan 2025–2030, which seeks to attract foreign investment in green transition and post-pandemic priority recovery sectors
In a statement issued by the ASEAN Chair on May 9, the regional bloc welcomed ongoing initiatives aimed at enhancing cross-border cooperation, building cybersecurity capacity, and improving protection and assistance for victims and survivors of online scams
The International Air Transport Association (IATA) forecasts that Indonesia will become the world’s fourth-largest aviation market by 2030
Based on bilateral trade figures from the UN Commodity Trade Statistics Database, the Philippines posted the largest trade deficit among member economies of the Association of Southeast Asian Nations (ASEAN) from 2015 to 2024
ASEAN’s position on Myanmar is unlikely to change when the meetings conclude on May 8, with leaders expected to reiterate their support for a five-year-old peace plan drafted shortly after a violent military coup in 2021
The bloc is also seeking “a possible ASEAN crisis communication and coordination protocol to ensure a coherent, timely and coordinated regional response to crises.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
