Several local governments in China have unveiled plans to implement the Regional Comprehensive Economic Partnership (RCEP), a sign that the country is taking steps to further open up its market to other Asia-Pacific member countries of the free trade pact.
The China-Laos Railway, a landmark project of high-quality Belt and Road cooperation, has boosted regional connectivity and economic cooperation since it started operation three months ago.
Singapore has urged the Biden administration to focus on trade as the U.S. formulates its long-awaited Asia strategy to counter what it sees as the growing economic and military threat from China.
A shoe exporter has become the first company in Cambodia to receive a Certificate of Origin (CO) to export goods to China under the Regional Comprehensive Economic Partnership (RCEP) ratified in October last year.
Vietnam is expected to register the highest trade and income gains among Regional Comprehensive Economic (RCEP) members, according to a World Bank (WB)’s working paper.
The Thai National Shippers’ Council (TNSC) on March 1 said the country’s exports could be severely affected if the conflict in Ukraine prolongs or escalates, expressing its hope for a quick end to the war.
Cambodia and Turkey have agreed to hold the third meeting of the Joint Economic Commission (JEC) “in the near future” to map out practical steps towards reaching the goal of at least $1 billion in annual bilateral trade, by leveraging the economic potential of both countries.
The study has been authored by Ananya Raj Kakoti, an associate with Indian-Political Action Committee (I-PAC) and a scholar of international relations, and Gunwant Singh, a scholar of international relations from Jawaharlal Nehru University.