On 23 September 2024, the Senate of the Philippines adopted Senate Resolution No. 192 entitled: “Resolution Concurring in the Free Trade Agreement (FTA) Between the Government of the Republic of the Philippines and the Government of the Republic of Korea.” With 21 senators voting in favor, the Senate’s concurrence completes the country’s ratification process of the trade deal.
Asean Inter-Parliamentary Assembly (AIPA) members must enhance cooperation in infrastructure, trade, tourism and digital transformation to drive regional connectivity, foster inclusive growth, and create a conducive environment for social economic progress, says Malaysian Dewan Rakyat Speaker Tan Sri Johari Abdul.
THE Philippines and Malaysia have agreed to further elevate their ties, particularly in the defense, economic and cultural fields, the Department of Foreign Affairs (DFA) said on Saturday.
The Philippines and Australia aim to strengthen their economic relations by promoting more significant trade and investments.
Geoeconomic fragmentation affects ASEAN+3 and the euro area, altering trade patterns and financial vulnerabilities. ASEAN benefits, while Europe faces increased distant exposures, prompting need for strategic adaptation and regional support.
With a high digital economic growth rate of about 20% per year, and the fastest rise in e-commerce in the ASEAN region, Vietnam is moving close to the position of top three biggest countries in the ASEAN region in terms of its digital economy.
"Việt Nam has been, is, and will continue consulting with Laos and Cambodia to promote deep, substantial, and effective cooperation among the three countries in line with the new development requirements, for the benefit of the people of the three nations, for the ASEAN Community, and for peace, cooperation and development in the region," said Ministry of Foreign Affairs spokeswoman Phạm Thu Hằng.
The Vietnamese sugar industry has led the region in sugar productivity for the first time, according to the Vietnam Sugarcane and Sugar Association (VSSA).
<p>Time: 2024 By: Ministry of Industry and Trade</p>
