Regional and bilateral free trade agreements (FTAs) have promoted market diversification, helping foster Cambodia’s growth and development, a senior commerce official said on Wednesday.
Trump 2.0 policies, referring to strategies utilised by the US president in his second term, are expected to impact products such as computers, equipment and components, electronic devices, rubber products, and agricultural goods.
Vietnam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state, according to the Vietnam Trade Office in Singapore.
Last week's Senate Foreign Relations Committee hearing for Senator Marco Rubio was very insightful, especially regarding comments related to US-Asean relations. Mr Rubio demonstrated knowledge about Asean and the need for flexibility in engaging with the countries in the region. His comments have also calmed surging concerns over a potential tariff hike under the Trump administration. Certainly, he is expected to be confirmed and replace Antony Blinken as Secretary of State.
A Ministry of Commerce report on Tuesday said Cambodia’s trade volume with its fellow ASEAN member states reached $15.69 billion in 2024, up 12.4 percent from $13.96 billion in the year before.
Indonesia has welcomed a recent ruling by the World Trade Organisation (WTO), which found that the European Union (EU) discriminated against Indonesian palm oil-based biofuel, giving it unfair and detrimental treatment, in setting biofuel regulations, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.
The EU is currently Malaysia’s fourth largest trading partner, with trade in goods worth 45 billion EUR (US$46.7 billion) in 2023 and trade in services worth 11 billion EUR in 2022.
Negotiating as a bloc will give the region greater bargaining power, especially since the new Trump administration plans to slap high tariffs on exports
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
