ASEAN and China reaffirmed commitment to advance their comprehensive strategic partnership at the 24th ASEAN-China Joint Cooperation Committee (JCC) meeting held at the ASEAN Secretariat on March 17.
Though there is ample room to boost the export of advantageous Vietnamese products to the ASEAN market, local firms are advised to utilise incentives through free trade agreements (FTAs) and improve products’ competitiveness in order to maintain growth to the market.
Partnership and cooperation between ASEAN and India have been increasingly consolidated, especially in trade, after three decades of establishment.
Only 11% of Malaysian manufacturers are utilising both the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreements.
Indonesian Minister of Trade Zulkifli Hasan and Indian Commerce and Industry Minister Piyush Goyal met in New Delhi on March 14 to discuss ways to strengthen bilateral collaboration in various sectors, including information technology, health, textiles, furniture, education, and human resources.
Indonesia is open to negotiating a trade agreement that focuses on the interests of its own as well as India.
ASEAN and the Republic of Korea (RoK) have reaffirmed commitment to further advancing their partnership and enhancing cooperation, at the 10th ASEAN-RoK Joint Cooperation Committee (JCC) meeting.
The EU and Thailand announced the relaunch of negotiations for an ambitious, modern and balanced free trade agreement (FTA).