Vietnam and Laos will deepen defense and security cooperation and strive to create breakthroughs in economic, trade, and investment cooperation.
The Ministry of Commerce (MoC) and the Ministry of Trade, Industry and Energy of the Republic of Korea (MOTIE) Saturday jointly organised a business event to strengthen bilateral relations by fostering strategic trade partnerships and enhancing the Kingdom’s investment potential
Trade between Malaysia and China reached RM396.14 billion (US$86.26 billion) for the period of January to October 2024, marking a milestone in the enduring economic relationship between the two countries.
Commerce Minister Pichai Naripthaphan eyes rapidly growing market for Thai food, vehicles and investment
The tariffs may sting, but Southeast Asia can still strike some sweet deals with the growth-focused Trump administration.
ASEAN is becoming an increasingly important international economic player, having grown its trade significantly as it integrated into the global economy. Australia is seeking to enhance its economic cooperation with ASEAN as part of a commercial effort to increase trade and investment, but must also seek to create a partnership to defend multilateralism and the rules-based trading regime. ASEAN and Australia can work to further regional cooperation by leading an initiative to create a sustainable economic order underpinned by a Single Green Market.
While ASEAN's status as an invited guest in the G20 affords the bloc some influence, permanent membership would give it crucial consensus-building power. ASEAN is important both economically and strategically, on par with many G20 nations, though its struggles with internal cohesion may raise doubts about its ability to be a coherent voice in global governance. But by uniting behind its goal, relying on support from existing permanent members and emphasising its economic credentials and commitment to global cooperation, G20 membership could be in reach for ASEAN.
Cambodian Minister of Commerce Cham Nimul said on Friday that the country’s trade with Regional Comprehensive Economic Partnership (RCEP) countries hit $31.36 billion during the January-November period of 2024.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
