Ministry of Energy Transition and Water Transformation (PETRA) today said the government has agreed to establish the Energy Exchange Malaysia (ENEGEM) to facilitate green electricity trading with neighbouring countries.
At the meeting of the Committee on Regional Trade Agreements (RTAs) on 8 April, WTO members considered six RTAs involving the Association of Southeast Asian Nations (ASEAN), Australia, Colombia, the European Union, Japan, Pacific Island countries, Peru, the United Kingdom, and Viet Nam. Members furthermore discussed how to improve the functioning of the Committee.
2023 marked the fourth consecutive year of being each other's largest trading partners with the first two months of 2024 seeing trade between them reaching US$137.35 billion, an 8.1% increase from the previous year.
With the launching of RCEP (Regional Comprehensive Economic Partnership), China made a bold entry into India, despite India withdrawing from the trade lock. This means, India failed to foil Chinese dumping of goods. China made a backdoor entry into India through ASEAN – a close trade ally of China, which holds a lion share in intra-RCEP trade. ASEAN accounted for one third of intra-RCEP trade.
Head of economic forum said to broker deal that could see world’s largest Muslim nation establish relationship in exchange for Jerusalem smoothing way into developed countries club
Malaysia and Pakistan have agreed to explore opportunities to strengthen ties between the two countries, especially in trade and investment, says Datuk Seri Anwar Ibrahim.
The Philippines is considering forging a bilateral free trade agreement (FTA) with the United States (US) on cyberspace and digital technology, Philippine Ambassador to the US Jose Manuel Romualdez said Thursday.
Cambodia and the Republic of Korea (ROK) have discussed ways to additionally boost Korean investment in the Kingdom.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
