Cambodia and the Philippines have mutually agreed to enhance their bilateral relations and cooperation, specifically in trade, defence and airway connectivity, acknowledging the shared benefits of their collaboration.
Indonesia is starting 2024 with optimism in various sectors, including in trade, as the country’s trade balance recorded a surplus of US$2.02 billion in January 2024.
As the Indian Rupee gains traction and more countries ditch the dollar, Commerce and Industry Minister Piyush Goyal says that many developed and developing countries have shown interest in trading in the Indian currency with New Delhi to cut transaction costs.
Vietnam’s gross domestic product (GDP) size last year was estimated to stand at about US$433.3 billion, ranking fifth in Southeast Asia, according to the latest figures released by the International Monetary Fund (IMF).
A three-day Special Summit commemorating the 50th anniversary of the ASEAN-Australia relations was held in Melbourne.
Cambodian Prime Minister Hun Manet is driving a reset in the country’s 180-year-old relationship with France. From trade and investment to cooperation on global issues, the partnership holds significant potential, potentially culminating in a strategic upgrade. It is hoped that deeper relations with France will buttress Cambodia’s political and economic ties with the European Union, which became rocky following the bloc’s partial withdrawal of its preferential trade agreement under its Everything But Arms scheme in 2020.
Thai Prime Minister Srettha Thavisin has met with leaders and representatives of enterprises of Australia and leaders of ASEAN member states at the ongoing 2024 ASEAN-Australia Special Summit in Melbourne to boost investment cooperation of Thailand with Australia and other countries in the region.
Cambodia has experienced a stable growth of exports to foreign markets despite a slowdown in global demand and a war crisis, a senior official of the Ministry of Commerce said.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
