The Department of Trade and Industry (DTI) targets to conclude the trade and investment agreement with the United Arab Emirates as early as next year, DTI Assistant Secretary Allan Gepty said Thursday.
In 2009, against the worst global economic crisis since the Great Depression, the Association of Southeast Asian Nations (ASEAN) signed the ASEAN Trade in Goods Agreement (ATIGA) furthering its commitment to an open and integrated regional trade.
ASEAN: Economic representatives from Asean member states have convened a meeting to discuss measures to mitigate the potential impact that the ongoing Russia-Ukraine conflict could have on the region’s economies.
Cambodia and Japan have agreed to ensure the full implementation of the Regional Comprehensive Economic Partnership (RCEP), the world's largest trade deal, for the benefit of all, according to a joint statement.
Minister of Planning and Investment Nguyen Chi Dung, head of the Vietnam - Laos Cooperation Committee, called for the countries’ stronger connections in key areas during talks with his counterpart Khamjane Vongphosy, who is also head of the Laos - Vietnam Cooperation Committee, in Vientiane on March 21.
The government has pledged to secure more investment from China in the agriculture and forestry sector, using the potential offered by the Laos-China Railway to boost exports.
The country is expected to see a $200 million increase in export gains, making the RCEP a vital tool in recovering from the economic disruptions caused by the Covid-19 pandemic, it said
Cambodian Commerce Minister Pan Sorasak said on Monday that the trade deal is a key driver for economic recovery in the participating countries both during and after the pandemic.