The meeting focused on issues related to the implementation of the ASEAN Trade in Goods Agreement (ATIGA) and measures to advance broader and deeper regional economic integration.
Tensions rise as ASEAN countries face hefty U.S. tariffs, impacting their export-driven economies.
A report by Pranee Muenphangwaree reveals that while global rice stocks are high, Thailand's export prices are on the rise.
UNDP report highlights the severe impact of US tariff changes, with Cambodia, Vietnam, and Thailand seeing significant export losses and economic strain.
Bilateral trade between EU and Indonesia reached 27.3 billion EUR (32.1 billion USD) in 2024, with EU exports worth 9.7 billion EUR and EU imports worth 17.5 billion EUR.
Malaysia anticipates a stronger intraregional trade and investment linkages in 2026 as the Philippines takes the helm as chair of the Association of Southeast Asian Nations (ASEAN).
Thailand needs more than 8 million tonnes annually for feed production, but domestic output reaches only about 5 million tonnes.
Asean will intensify efforts to deepen regional economic integration and revive intra-regional trade, which has remained stagnant at about 20% to 22% amid an increasingly volatile and uncertain global trading landscape.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
