Asean is now the third largest economy in Asia (in terms of 2020 GDP $2.9 trillion) after China ($15.5 trillion) and Japan ($5.1 trillion).
Given current regional and international situation, Regional Comprehensive Economic Partnership (RCEP) member economies should continue to strengthen trust and cooperation, and fully and effectively implement agreements and commitments.
Sri Lankan president said steps should be taken to gain membership in the Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement to date.
Thailand can use the Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting and the APEC CEO Summit, to step up cooperation under "mini-free trade agreements" (mini-FTAs).
The Philippines remained the biggest importer of rice from Vietnam from January to September this year, the Vietnamese government reported.
Cambodia is expected to export more milled rice to China in coming years thanks to the entry into force of the Regional Comprehensive Economic Partnership (RCEP) trade deal and the Cambodia-China Free Trade Agreement (CCFTA) earlier this year.
India’s comprehensive strategic partnership (CSP) with ASEAN is expected to grow and strengthen bilateral ties, a senior Cambodian official said.
Cambodia exported a total of $4,703 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first nine months of this year.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
