Indonesia and the United Arab Emirates today signed a free trade agreement, strengthening economic ties between Southeast Asia's largest economy and the major oil producer Gulf state, Reuters reports.
Cambodia and Mongolia are looking to sign a memorandum of understanding (MoU) to enhance bilateral trade and investment ties, a commitment made during a meeting on June 29.
E-commerce is the great equaliser. Via e-commerce, a single person can run as a global entity thanks to the availability of inexpensive and accessible tools that allow them to source, ship, deliver, pay, collect and digitalise other key aspects of business operations.
On 16 June 2022, India hosted the Special ASEAN-India Foreign Ministers Meeting. The occasion also marked the 30th anniversary of the establishment of dialogue relations between India and the Association of Southeast Asian Nations (ASEAN) and 10 years since the development of their strategic partnership.
High COVID-19 vaccination rates and free trade agreements (FTAs), namely the Regional Comprehensive Economic Partnership (RCEP) and the Cambodia-China FTA (CCFTA), have been helping boost Cambodia’s economic recovery, said a World Bank economic update report released on Thursday.
Chinese State Councilor and Foreign Minister Wang Yi and Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn met here on Sunday, and both sides pledged to further enhance relations and cooperation in building the Belt and Road and other fields.
The Philippines and South Korea are set to sign a free trade agreement (FTA) this year after concluding their negotiations in 2021. The FTA removes tariffs on most products from both countries and aims to boost bilateral trade.
Though international organisations continuously downgrad their global growth forecasts for this year, many have maintained their projection that Vietnam’s GDP growth would be the highest in Southeast Asia.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
