GDP expanded 2.7% on-year, says Trade Ministry
Indonesia is currently at a crucial juncture with a demographic bonus that could enhance its pool of qualified human resources.
During a forum held last April 10 in Laos, representatives from the four countries reported on their respective potential, strengths, investment opportunities, and preferential policies that are seen as conducive to investment.
Ministry of Energy Transition and Water Transformation (PETRA) today said the government has agreed to establish the Energy Exchange Malaysia (ENEGEM) to facilitate green electricity trading with neighbouring countries.
At the meeting of the Committee on Regional Trade Agreements (RTAs) on 8 April, WTO members considered six RTAs involving the Association of Southeast Asian Nations (ASEAN), Australia, Colombia, the European Union, Japan, Pacific Island countries, Peru, the United Kingdom, and Viet Nam. Members furthermore discussed how to improve the functioning of the Committee.
2023 marked the fourth consecutive year of being each other's largest trading partners with the first two months of 2024 seeing trade between them reaching US$137.35 billion, an 8.1% increase from the previous year.
With the launching of RCEP (Regional Comprehensive Economic Partnership), China made a bold entry into India, despite India withdrawing from the trade lock. This means, India failed to foil Chinese dumping of goods. China made a backdoor entry into India through ASEAN – a close trade ally of China, which holds a lion share in intra-RCEP trade. ASEAN accounted for one third of intra-RCEP trade.
Head of economic forum said to broker deal that could see world’s largest Muslim nation establish relationship in exchange for Jerusalem smoothing way into developed countries club
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
