As the current ASEAN Chair, Malaysia can propose a discussion between Southeast Asian and BRICS countries to diversify trade ties and reduce reliance on traditional partners.
Cambodia’s trade with Singapore skyrocketed by 101 percent to reach $103 million last year, according to a report from the General Department of Customs and Excise of Cambodia.
Indonesia is planning to lower trade tariffs with the US as President-elect Donald Trump prepares to implement a universal tariff policy.
Malaysia signed a Comprehensive Economic Partnership Agreement with the UAE on Tuesday, its first with a GCC country.
Thailand and Pakistan have agreed to restart discussions under their Joint Trade Committee (JTC) at the ministerial level, ending a decade-long hiatus.
A 2024 report by the MoIT highlights substantial opportunities for Việt Nam to expand exports of agricultural products, food and consumer goods to ASEAN countries, including Indonesia and Malaysia.
Deeper trade agreements and domestic reforms are needed to build economic resilience in the Association of Southeast Asian Nations (Asean) and East Asian Pacific regions, especially during extreme change and uncertainty.
Amelia Anggraini, a member of the House of Representatives (DPR) of Indonesia, has said that Indonesia’s official membership of the BRICS grouping must bring real benefits to its people.