At their meeting, the two leaders also discussed ASEAN-EU cooperation and appreciated the results achieved, especially the progress in the negotiations of the ASEAN-EU Free Trade Agreement (FTA).
South Korea and Thailand were set to kick off their sixth round of negotiations for a bilateral economic partnership agreement (EPA) Tuesday, as the two sides seek to expand ties amid global trade uncertainties, Seoul's industry ministry said.
Cambodia’s international trade volume reached more than $25 billion in the first five months of this year, said a report released by the General Department of Customs and Excise (GDCE) yesterday.
Malaysia can become a premier cruise tourism destination in Southeast Asia, and the cruise industry has the potential to do more than just bring in foreign visitors as it can create thousands of jobs, elevate local heritage and culture, and promote the country to the world, said its Transport Minister Anthony Loke Siew Fook.
The third round of talks over the reciprocal tariffs imposed by US President Donald Trump on Cambodia in April, will start in near future, the Royal Government Spokesperson Unit said on Saturday evening following the successful completion of the second round of talks.
Indonesia said on Saturday that free trade negotiations with the European Union, which have been going on for nine years, are expected to finish by the end of June.
It will be some time yet before countries can know for certain the final shape of the United States’ tariff regime against virtually all its trading partners.
Renewed trade talks between the United States and China are expected to boost investor confidence and strengthen Malaysia's trade momentum, an economist said.