The European Union is “advancing” in negotiations with the Philippines, Thailand and Malaysia on new free trade agreements, its trade commissioner Maros Sefcovic said on Thursday.
The gesture is expected to boost trade, strengthen Cambodia’s food and non-food sectors, and open new doors for Muslim-friendly tourism in the Kingdom.
Ongoing negotiations for the ASEAN-Canada Free Trade Agreement (FTA), set to be finalised by next year, are expected to strengthen business and investment relations, supporting both sides’ goals of economic growth and trade diversification.
Canada has signed a bilateral free trade agreement with Indonesia, which aims to eliminate or reduce tariffs on over 95 per cent of Ottawa's exports to its largest market in Southeast Asia.
Indonesia’s Trade Minister Budi Santoso said the newly signed Comprehensive Economic Partnership Agreement (CEPA) with Canada is expected to accelerate trade and investment, offering greater market access for Indonesian goods and services in Canada and across North America.
The US has agreed to consider granting tariff exemptions — specifically zero tariff rates — for several commodity products proposed by Malaysia, including palm oil and cocoa, which are expected to be finalised next month.
Singapore’s manufacturing output fell in August, snapping 13 straight months of growth, as pharmaceutical and electronics production shrank.
Thailand’s Department of Foreign Trade (DFT) met with China’s COFCO to finalise the sale of 280,000 tonnes of rice under a government-to-government (G2G) deal.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
