Boosting domestic renewable energy generation will protect the green technology industry of Southeast Asian nations and mitigate the potential impact of steep import tariffs imposed by the United States on solar panels from the region, analysts said.
ASEAN has remained Yunnan's largest trading partner for 20 consecutive years.
Southeast Asian countries should accelerate their energy transition and boost domestic solar demand to mitigate the potential effect of steep US tariffs on solar panels imported from the region, analysts say.
ASEAN currently stands as Brazil's fourth-largest trading partner, reflecting the growing importance of the bloc in the country's international relations and economic strategy.
Business leaders warn Vietnam’s rapid rise, backed by strong government support, could soon surpass Thailand across multiple sectors
The second Special ASEAN Economic Ministers' Meeting on negotiations for upgrading the ATIGA has created a favourable foundation for the next rounds of negotiations.
The 16th Meeting of U.S. JCC, convened at ASEAN Headquarters/ASEAN Secretariat in Jakarta reviewed progress of ASEAN-U.S. cooperation and deliberated on potential areas for future collaboration to further strengthen ASEAN-U.S. Comprehensive Strategic Partnership.
The move comes after Malaysia announced on Tuesday that it had imposed a five-year antidumping duty on imports of polyethylene terephthalate (PET) from Indonesia and China.