As the United States and Europe have sought to loosen their economic ties with China in recent years, Beijing has focused on expanding its export markets across the ‘Global South’, particularly in Southeast Asia.
The Malaysia External Trade Development Corporation (Matrade) can be the platform to expand the country’s halal industries across Asean countries.
Senior officials of ASEAN and the Republic of Korea (ROK) reaffirmed their commitment to strengthening the Comprehensive Strategic Partnership (CSP) at the 29th ASEAN-ROK Dialogue held today in Bangkok.
It should take advantage of its interconnection and renewable energy potential.
A new cross-border initiative to develop a structured Malaysia–Indonesia start-up support and market access platform was unveiled at the Creative Exchange Jakarta event on May 15.
Deputy Prime Minister Gan Kim Yong said that Asean economic ministers are committed to deepening their partnership and will soon conclude negotiations for an upgrade to Asean Trade in Goods Agreement (ATIGA).
ASEAN Secretary-General Kao Kim Hourn has urged New Zealand and ASEAN to work closely to ensure that shifting trade dynamics do not undermine the rules-based multilateral trading system both sides support.
Wide-ranging unilateral tariffs will cause short-term problems for certain sectors of the export-oriented states of the ASEAN grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.