Thailand, in its latest proposal to avert steep US tariffs, is aiming to boost bilateral trade volumes with the US and reduce its $46 billion trade surplus by 70% within five years, reaching balance in seven to eight years, Finance Minister Pichai Chunhavajira told Bloomberg News on Sunday.
The agreement is expected to pave the way for expanded market access, increased foreign investment for both countries.
The city-state now has over 240,000 millionaires.
PM Chinh affirmed that Vietnam and Brazil hold significant potential for agricultural cooperation, citing their large domestic markets, and complementary strengths.
We should take this as recognition of Indonesia’s position as a middle power, and hence its clout in influencing global development.
Malaysia has imposed provisional anti-dumping duties ranging from 3.86% to 57.90% on certain iron and steel imports from China, South Korea, and Vietnam, the Investment, Trade and Industry announced Saturday.
China is studying ways to soon lift its ban on imports of chicken meat from Brazil, in place since the South American nation reported a case of bird flu on a commercial farm in May, Brazilian Agriculture Minister Carlos Favaro said on Sunday, citing discussions at the BRICS summit in Rio de Janeiro.
The Ministry of Agriculture asked all owners of approved farms and packing facilities to strictly comply with the GACC protocol’s requirements, including being free from harmful substances, pesticides, and banned chemicals.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
