The government has agreed a digital trade agreement with Singapore that it claims will “cut costs, slash red tape and pave the way for a new era” of deals between businesses in the two nations.
Singapore and South Korea have agreed on a new pact that will set rules and standards for digital trade and partnership between the two countries.
The emergence of the Omicron COVID-19 variant could impact the recovery of trade in goods and services in ASEAN economies, said Sithanonxay Suvannaphakdy, researcher at the ISEAS–Yusof Ishak Institute of Singapore.
Since the establishment of ASEAN-China Free Trade Agreement (FTA), bilateral trade between ASEAN and China has doubled from USD235.5 billion in 2010 to USD516.9 billion in 2020.
At the China-ASEAN Special Summit on Nov 22, President Xi Jinping set out a road map for further strengthening China-ASEAN economic relations, under the framework of the new China-ASEAN Comprehensive Strategic Partnership. The enhanced relationship reflects the rapid growth of bilateral economic ties.
Prime Minister Hun Sen raised the prospect of a free trade agreement (FTA) with Russia during a two-day visit to Cambodia by Russian Security Council Secretary Nikolai Patrushev, which wrapped up yesterday.
Indonesia and the US have committed to reinforce their concrete cooperation, based on mutual respect and mutual benefit during a visit by US Secretary of State Antony Blinken to Jakarta.
The quantity of Cambodian rice, cashew nuts, maize, green beans and soya beans imported by Vietnam in the first 11 months of this year rose 3-4 times year-on-year.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
