On 6 July 2022, Trade Secretary Alfredo E. Pascual virtually attended the European House – Ambrosetti’s hybrid session of the High-Level Dialogue on ASEAN-Italy Economic Relations in Kuala Lumpur, Malaysia.
Laos enjoyed over 400 million USD in trade surplus with Vietnam in the first six months of this year, excluding trade on power, according to Laos’ Ministry of Industry and Commerce.
Malaysia’s central bank raised its benchmark interest rate for a second straight meeting in a bid to tame inflation, and said future moves will be gradual to continue supporting economic growth.
The inaugural ASEAN-United Kingdom Senior Officials’ Meeting (AUKSOM) held yesterday in London reaffirmed the commitments to strengthen mutual cooperation.
The booming economic and trade cooperation between China and ASEAN countries has further gained steam as the RCEP agreement provided faster customs clearance and other trade facilitation measures.
The RCEP is expected to increase Thailand’s trade and investments with its key economic partners in the Asia Pacific. The trade agreement will also help increase the country’s trade with East Asia, most notably, South Korea and Japan.
Malaysia has huge potential to become Turkey’s major trading partner and the republic’s gateway and trading hub into Asean.
The UAE and Indonesia have signed a Comprehensive Economic Partnership Agreement (CEPA) that will turbocharge bilateral trade to $10 billion in the next five years.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
