Despite a relatively low direct exposure to Russia and Ukraine in terms of trade, the conflict between the two countries will have a global impact that will eventually affect Malaysian trade.
Despite the headwinds of rampant trade protectionism, deglobalization and geopolitical tensions between Russia and Ukraine, the implementation of the Regional Comprehensive Economic Partnership (RCEP) has given a strong boost to trade between China and other RCEP members.
After decades of support for globalization and free trade, the European Union (EU), in recent times has started adopting an inward approach which is impacting its trade with south-east Asia in particular, a media report said.
Singapore’s economy grew 3.4 per cent year-on-year in the first quarter of 2022, according to advance estimates released by the Ministry of Trade and Industry (MTI) on Thursday (Apr 14).
Ambassador Sumitmor said the relevant authority of Bangladesh is conducting a feasibility study on the free trade agreement with Thailand.
Cambodia’s international trade volume reached more than US$13 billion in the first quarter of this year, an increase of more than nine per cent compared to the same period last year. The Kingdom's exports also increased by more than 25 per cent.
At the Nanning International Railway Port in south China's Guangxi Zhuang Autonomous Region, containers of mini tillers are loaded onto the China-Vietnam freight trains, ready for their cross-border journey.
China's trade with the Association of Southeast Asian Nations (ASEAN) totaled 1.35 trillion yuan ($212 billion) in the first quarter of 2022, an increase of 8.4 percent year-on-year, as ASEAN comes back as China's largest trading partner after the European Union (EU) surpassed it in the first two months this year, customs data showed.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
