Chery's Omoda E5 electric vehicle as seen at the Indonesia International Motor Show (IIMS) in Jakarta on Feb. 16, 2024. (JG Photo/Jayanty Nada Shofa)
India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China. (Representational image only.) | Photo Credit: The Hindu
Australia wants to double its A$187bil (RM578.4bil) trade with Asean countries by the end of the year, says its Trade and Tourism Minister Don Farrell, who describes the current trade activity as “not enough”.
The Philippines has given its consent to amend two major free trade deals of the Association of Southeast Asian Nations (Asean), of which it is a founding member, for the benefit of investors, traders and exporters.
Thai exports toThai exports to China, particularly of processed sugar items including syrup, artificial honey, and various sweeteners, have seen a significant surge, thanks to the ASEAN-China Free Trade Agreement (ACFTA). China, particularly of processed sugar items including syrup, artificial honey, and various sweeteners, have seen a significant surge, thanks to the ASEAN-China Free Trade Agreement (ACFTA).
The 5:2 vote by the Thai central bank’s Monetary Policy Committee (MPC) to hold the key policy rate at 2.50 per cent is a hint of an impending rate cut at their next meeting, according to some economists.
Australia aims to double its $187 billion trade with ASEAN compared to $300 billion with China, highlighting barriers and opportunities that both sides should work together to overcome as top leaders prepare to meet for the ASEAN-Australia Special Summit in Melbourne next month.
The door for India to the Regional Comprehensive Economic Partnership (RCEP) remains open, said Asean Secretary-General Kao Kim Hourn CM on Wednesday, expressing hope that New Delhi will reconsider its participation in the world's largest trade deal.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
