This is not a China bashing article. The idea for today's article started when the Minister of Foreign Affairs and Speaker of the House cautioned Thais, the press, and members of parliament against criticising Chinese Covid-19 vaccines as it might upset the Thai-China relationship.
Indonesia posted a trade surplus of 4.74 billion USD in August 2021, breaking the record of 4.64 billion USD in December 2006, the Central Statistics Office (BPS) has said.
Since leaving the European Union, the government of the United Kingdom has pivoted toward Southeast Asia and its regional bloc, the Association of Southeast Asian Nations (ASEAN), recognizing it as one of the key dynamic economic regions of the world. The U.K.’s new partnership with ASEAN fosters an environment supportive of increased trade flows, secure supply chains, expanded cross-border investments, and generally sustainable development.
Malaysia has given its commitment to completing the Regional Comprehensive Economic Partnership (RCEP) ratification process by mid-December this year.
On September 9, 2021, the National Assembly of Cambodia ratified the bilateral free trade agreement (FTA) with China, which aims to increase the trade of goods by reducing and eliminating tariffs and non-tariff barriers.
The Rail Transport Department of Thailand has unveiled a plan to develop areas in Nong Khai to prepare for rail connection with Laos as Thailand gears up for more trade with China along the line connecting the three countries.
The ongoing Covid-19 pandemic has not affected Thailand’s free trade agreements (FTA) or Generalised Systems of Preferences (GSP), the Department of Foreign Trade (DFT) said on September 16.
The Asean economic ministers (AEM) has renewed regional economic diplomacy while committing to intensify global efforts to ensure vibrant growth and resilient recovery against the Covid-19 pandemic.