Asia will not escape unscathed if the U.S. falls into recession, but some countries in Southeast Asia will be more badly hit than others, economists warn.
ASEAN secretary-general Datuk Lim Jock Hoi said that its high-level task force is now in the process of charting the future direction beyond 2025 for the 10-member grouping.
A roundtable workshop on cooperation between the Association of Southeast Asian Nations (ASEAN) and the European Union (EU) was held in Brussels, Belgium on September 30.
Singapore and Laos will strengthen cooperation in various areas including sustainability and environmental protection as well as urban planning and logistics, said Prime Minister Lee Hsien Loong on Wednesday (Sep 28).
For ASEAN, China is a neighboring country as well as a strategic partner in various fields, especially in the economic field. China has become the largest ASEAN trading partner for 13 consecutive years since 2009 (Global Times, 2022).
Cambodia and the United Kingdom will continue to push for better economic and trade cooperation, amid significant growth in bilateral trade in recent years.
Effective Jan 1, 2023, about 99% of Turkish exports to Malaysia will enjoy duty-free treatment, while almost 86% of Malaysia’s exports to Turkiye will enjoy a similar advantage under the Malaysia-Turkey Free Trade Agreement (MTFTA).
Over the past years, ASEAN and the ROK have forged closer cooperation, building on positive momentum of the existing strategic partnership. Our relations are one of the ASEAN’s exemplary partnerships in the region. After 19 years, ASEAN-ROK Dialogue Relations was elevated from Comprehensive Cooperation to Strategic Partnership in 2010. The relationship was further enhanced by the ROK’s appointment of her Ambassador to ASEAN in 2012.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
