Consumers and businesses in Singapore and South Korea will benefit from smoother digital activities between both sides in areas such as e-payments and paperless trading, with the signing of a new agreement on Monday.
Thailand and Singapore have signed several agreements aimed at deepening bilateral economic relations. The memoranda of understanding covers tourism, intellectual property, sustainability, and meat trade, among others.
Cambodia and Vietnam continue to march towards the goal of achieving the $10 billion-plus bilateral trade volume this year and taking the economic partnership to a new high.
Indonesia and East Africa may look like two distant destinations given the geographical distance between them. But there is a huge potential for trade and investments between them if some hurdles are tackled.
The Kingdom of Cambodia and the Socialist Republic of Vietnam have spoken highly of their economic partnership, bringing about their bilateral trade volume to US $ 10 billion this year.
China Free Trade Area (ACFTA) is one of the largest FTAs in the world, covering one-fourth of the world population, and the building of the 3.0 version of ACFTA actively echoes the development needs of both sides and is line with the trend of global economic development.
The trade bond between China and Thailand is expected to get even closer after the visit of Chinese President Xi Jinping to the nation.
Indonesian President Joko Widodo (Jokowi) has symbolically received the ASEAN chairmanship relay from Cambodian Prime Minister Hun Sen and will become the ASEAN chair in 2023.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
