With its signature, Indonesia is pushing for regional standardisation to remove nontariff trade barriers and facilitate the free flow of goods, both within ASEAN and in a global context.
A consultation of ASEAN Economic Ministers with the three partners of China, Japan and the Republic of Korea (RoK) was held on August 22 in Semarang city, Indonesia.
The agreement is expected to support micro, small and medium enterprises and start-ups in their use of intellectual property in intra-regional trade, while also leveraging digital technologies for business success.
Parties to the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), gathered in Semarang, Indonesia, for the 28th ASEAN Economic Ministers – Closer Economic Relations (AEM-CER) Consultation, commenced the signing of the 2nd Protocol to Amend the Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area (“2nd Protocol”).
ASEAN and Japan have emphasized the need for enhanced energy cooperation to achieve the target of net-zero emissions or the reduction of carbon emissions to zero in the region.
According to the Third ASEAN Economic Ministers (AEM)-UK Meeting, the United Kingdom and the Association of Southeast Asian Nations (ASEAN) are co-designing the new ASEAN-UK Economic Integration Programme, in which the UK government plans to spend up to £25 million to support ASEAN economic integration over the next five years.
US companies have made investment pledges totaling 100 billion USD in various sectors in Malaysia over the last 18 months, US Ambassador to Malaysia Brian McFeeters said on August 21.
The Association of Southeast Asian Nations (ASEAN) is setting course for a carbon-neutral future, with ASEAN Economic Ministers today endorsing a visionary ASEAN Strategy for Carbon Neutrality. The Strategy is designed to complement the ASEAN Member States’ national initiatives in meeting their respective Nationally Determined Contributions under the Paris Agreement.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
