The ACFTA, launched in 2000, became one of the world’s largest free trade agreements by 2010, when Version 1.0 eliminated tariffs on over 90% of traded goods.
India-Asean FTA review may conclude by October 2025 with two key negotiation rounds planned. Talks aim to fix trade imbalances and improve market access, SPS, TBT, and customs cooperation. Since AITIGA's 2010 launch, India’s trade deficit with Asean has ballooned to $44.2 billion in FY25.
Amid the looming threat of Trump-era tariffs, trade relations between ASEAN and the European Union (EU) have grown closer. On Sunday, Indonesian President Prabowo Subianto and European Commission President Ursula von der Leyen reached an agreement to move forward with the Comprehensive Economic Partnership Agreement (CEPA), which is expected to be completed by September.
UN Trade and Development and Thailand deepen cooperation to enhance consumer rights and build fairer digital markets across the region.
The coming months will be crucial for India’s global trade relations, as the government intensifies negotiations with major partners such as the European Union (EU), the United States, and the ASEAN bloc, officials from the Ministry of Commerce and Industry said on Tuesday.
Chaiwat Sathawornwichit, list-MP of the Thai Parliament and Deputy Leader for International Affairs of the People’s Party, believes that while U.S. tariffs pose a major challenge, they also present an opportunity to boost Thailand’s economic dynamism.
US erratic policies prompt move as renminbi gains traction, experts say.
Southeast Asia is the largest and fastest-growing export destination for Chinese goods, with imports reaching USD587 billion, a 12% year-on-year increase in 2024, a study by data analytics company Euromonitor International has revealed.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
