The “fledgling” recovery of Philippine exports appeared to be losing momentum as global headwinds continued to hurt demand from major trading partners, an analyst said.
Sita Zimpel, Project Director at the German Corporation for International Cooperation (GIZ) who is responsible for developing these two portals, said that the ASEAN market still has a lot of untapped potential, especially under the ASEAN Trade in Services Agreement (ATISA).
Being the largest trade partner of Canada in ASEAN, with two-way trade topping 7 billion USD in 2022, Vietnam will play an important role as a gateway for Canadian firms to enter the region bloc that has one of the highest growth rates in the world and is expected to be the world’s consumption centre by 2030 given its market size, according to Canadian business insiders.
The Rice Federation of Cambodia has projected that the country’s rice exports for 2023 will increase by approximately five percent to 10 percent compared to the previous year. This increase would potentially result in exports of around 670,000 tons, which accounts for 95 percent of the planned target of exporting 700,000 tons.
Singapore’s Prime Minister Lee Hsien Loong and his Japanese counterpart Fumio Kishida on Dec 16 welcomed the deepening ties between their countries with a new pact to promote digital and green practices in shipping.
Indonesia has agreed to set a low-tariff quota of 8,500 tons for rice imports from Japan, Japanese officials said Saturday.
THE temporary extension of the reduced tariff rates for imported pork meat, rice, and corn has earned mixed reactions from stakeholders in Cebu.
Cambodia and Japan will hold a bilateral summit meeting today to strengthen cooperation between the two countries in trade and investment.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
