Indonesia and Qatar have committed to promoting their bilateral economic ties, in which Qatar agreed to invest more than 500 million USD in Indonesia’s “10 New Balis” tourism project.
Malaysia is optimistic that the economic recovery will continue to be resilient in the third quarter (3Q) of 2022, notwithstanding external risks and downward pressure, after favourable performance was seen in 1Q, according to the Statistics Department.
Cooperation in trade and investment between Indonesia and the Netherlands was intensified through a meeting between Coordinating Minister for Economic Affairs Airlangga Hartarto and Dutch Prime Minister Mark Rutte.
Tokyo hosted leaders of some of ASEAN member states to discuss the future of Asia at a forum on Thursday, after seeing off US President Joe Biden, who visited Japan for a Quad summit and carried out a mission to rope in regional countries through the newly launched Indo-Pacific Economic Framework (IPEF).
Just over a year ago, ASEAN released its mid-term review of the ASEAN Economic Community (AEC) Blueprint 2025. The review reported that 54.1 percent of the document’s line items had been completed, with another 34.2 percent in progress. The grouping was lauded for having made “notable advancements” towards economic integration, though it also encouraged to “accelerate [its] pace of implementation”.
The move by seven Asean states to sign up for Washington’s new trade pact, even as few details about the deal are known, is not only a signal of support for US re-engagement with the region but a bid to better ensure the balance of power in the neighbourhood, analysts say.
Cambodia’s export of garments, textiles and footwear to South Korea is poised to go up following the Cambodia-South Korea Free Trade Agreement (CKFTA) which was signed into law by the government in January this year. The agreement is expected to be ratified in June.
Ways of optimising the incentives and increasing the efficiency of seafood exports to the Regional Economic Comprehensive Economic Partnership (RCEP) market will take centre stage during a consulting session held on seafood exports to the potential market.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
