Vietnam and Singapore signed a memorandum of understanding (MoU) on economic and trade cooperation during the visit of the former’s president Nguyen Xuan Phuc to the latter late last month. The ministries of trade and industry from both sides signed the MoU. Two-way trade between both sides hit $8.3 billion last year, up by 23 per cent over the 2020 figure.
Egypt’s Minister of Military Production Mohamed Ahmed Morsi met on Wednesday with Ambassador of the Philippines in Cairo, Ezz Al-Din Tajo, to discuss ways to increase the volume of investment and trade exchange between the two countries.
On February 25, 2022, Singapore and the United Kingdom signed the UK-Singapore Digital Economy Agreement (UKSDEA), making the agreement the first digitally-focused trade deal ever signed by a European nation.
ASEAN members are working on facilitating increased trade, removing trade barriers and reducing transaction costs to deal with the COVID-19 crisis, the top official at Thailand's Department of Trade Negotiations said on March 4.
Chinese investment in Cambodia had increased significantly in 2021 despite the negative effect of the COVID-19 pandemic, which truly reflected Chinese investors' trust in Cambodia's business environment, officials and experts said on Friday.
Several local governments in China have unveiled plans to implement the Regional Comprehensive Economic Partnership (RCEP), a sign that the country is taking steps to further open up its market to other Asia-Pacific member countries of the free trade pact.
The China-Laos Railway, a landmark project of high-quality Belt and Road cooperation, has boosted regional connectivity and economic cooperation since it started operation three months ago.
Singapore has urged the Biden administration to focus on trade as the U.S. formulates its long-awaited Asia strategy to counter what it sees as the growing economic and military threat from China.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
