Thai Deputy Minister of Commerce Napintorn Srisunpang has said Thai fruit exports will face more challenges in the future, especially in China’s market, due to greater competition.
The India-Malaysia partnership, rooted in deep historical ties, spans defense, economics, and cultural exchanges. Despite challenges such as geopolitical shifts and trade restrictions, their strategic collaboration continues, buoyed by shared membership in global forums. Enhanced trade, tourism, and technology cooperation have amplified economic prospects. Both countries aim to fortify bilateral ties through initiatives like the Comprehensive Economic Partnership Agreement amendment, targeting a US$25 billion trade volume.
Indonesia and China enjoyed a closer bilateral relationship in 2023, with several high-ranking Indonesian officials visiting China, mostly in the second half of last year.
Cambodia exported $8,144 million to the US in the first eleven months of 2023, inching down 0.89 percent compared to the same period in 2022, a report from the Ministry of Commerce showed.
Vietnam and Cambodia have agreed to work hand in hand to maintain order along the border to offer optimal conditions for cross-border trade activities.
Southeast Asian countries are expected to boost renewable energy development in line with the global commitment to accelerate energy transition, experts said.
Cambodia exported $7.21 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) members in the first 11 months of 2023, up 27 percent from 5.67 billion dollars in the same period last year, a Ministry of Commerce report said on Tuesday.
Thailand is set to host the second round of free trade agreement (FTA) discussions with the European Union (EU) in January, aiming to finalize an agreement within the next two years.