A Chinese Cabinet official said Beijing was committed to establishing a comprehensive and high-level Asia-Pacific free trade area, in comments made at the 28th trade ministers' meeting of the Asia-Pacific Economic Cooperation (APEC) over the weekend.
Indonesian Minister of Trade Muhammad Lutfi has discussed with Canadian Minister of International Trade, Export Promotion, Small Business and Economic Development Mary Ng to further strengthen bilateral cooperation through trade, with emphasis on four major areas.
Citing low bilateral trade volume, Myanmar and Cambodia are expediting talks on two draft agreements to raise trade cooperation. Cambodian commerce minister Pan Sorasak recently called on the two sides for more discussions on economic and trade progress “within the regional and bilateral frameworks aimed at boosting trade volume and boosting economic recovery”.
SINGAPORE (The Straits Times/Asia News Network): Official forecasts for Singapore's full-year trade outlook were raised after a better-than-expected performance in the first quarter, with oil prices and global semiconductor demand expected to stay strong.
BANDAR SERI BEGAWAN, May 21 (Borneo Bulletin/ANN): Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Mohd Amin Liew Abdullah emphasised the need to strengthen intra-Asean trade and investment in the post Covid19 world as well as emphasising the Asean centrality in navigating the uncertainty and rapidly evolving economic landscape.
Cambodia and Singapore have agreed to work together to further boost their bilateral trade.
THE Philippine Exporters Confederation Inc. (Philexport) and the Importers and Exporters Association of Taipei (IEAT) recently signed an agreement to boost trade and investment between the Philippines and Taiwan.
The success of the recent US-Asean Special Summit sends a strong message of pushing for deeper economic engagement between the US and Association of Southeast Asian Nations (Asean) member states, especially on more jobs and investments for the Philippines.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
