Cambodia and Henan province of China have pledged to deepen bilateral trade ties and expand cooperation in agriculture and agro-processing.
The country has recorded its lowest trade surplus since it began a rally five years ago as industries restock goods in anticipation of rising risks from United States import duties.
Cambodian Prime Minister Hun Manet announced that on 4 June 2025, Sun Chanthol, First Vice Chairman of the Council for the Development of Cambodia (CDC), will lead a working group to attend the second round of negotiations on tariffs between Cambodia and the United States (US), taking place in the US.
The move by China and member states of the Association of Southeast Asian Nations to upgrade a 15-year-old free trade agreement showcases their commitment to multilateralism, and has dealt a significant blow to rising protectionism, experts said.
Between a new trade deal with China and a potential audience with Trump, Asean has a chance to be the architect of a new regional order.
Thailand has been officially designated a “Low Risk” country under the European Union’s Deforestation-free Regulation (EUDR), easing the export of Thai agricultural products to EU markets.
Singapore has signed a new deal with the European Union to boost digital trade, promote innovation and enhance data flow.
Against the backdrop of shifting global trade dynamics, the Singapore-Mexico Chamber of Commerce, in collaboration with EY, UPS, and the Embassy of Mexico in Singapore, held a forward-looking seminar addressing the growing relevance of Mexico as a strategic partner for trade and investment.