It’s easy to predict the demise of Asian supply chains. A fierce trade war. The threat of technology decoupling between West and East. A pandemic that led to global shortages. And then there is politics, with developed economies pushing to reshore production. Yet, despite all these challenges, Asia’s supply chains have simply adjusted and continue to thrive.
Malaysia and New Zealand have agreed on upgrading the regional Asean-Australia-New Zealand FTA (AANZFTA) which is undergoing a comprehensive review, Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said.
Politburo member, Chairman of the Party Central Committee’s Economic Commission Tran Tuan Anh attended the 24th St. Petersburg International Economic Forum (SPIEF) 2021 which is being held in Russia in both in-person and online forms.
Minister of Foreign Affairs of Brazil Carlos Alberto Franco França recently hosted a reception for Ambassadors of members of the Association of the Southeast Asian Nations (ASEAN) in Brasilia.
The relations between China and ASEAN have grown from strength to strength since the two sides established dialogue relations 30 years ago, bringing about tangible results in all-round cooperation and recent joint efforts against the COVID-19 pandemic, said a former Malaysian ambassador to China.
The EU-ASEAN Business Council has published two papers calling for more progress on ASEAN’s regional economic agenda and linking a durable recovery from the pandemic to the region’s leaders and trade and finance ministers adopting specific measures to accelerate work on the ASEAN Economic Community.
Indonesia has set a target of raking in 6.05 billion USD from exports of seafood in 2021, more than 1 billion USD higher than previous year, according to Director General of Strengthening the Competitiveness of Marine and Fishery Products at the Ministry of Marine Affairs and Fisheries Artati Widiarti.
The Eurasian Economic Union may implement a preferential trade regime not only with individual member states of the Association of Southeast Asian Nations but also with the ASEAN as a whole, Member of the Board (Minister) for Integration and Macroeconomics of the Eurasian Economic Commission (EEC) Sergei Glazyev said at the EAEU– ASEAN business dialogue which took place on the sidelines of the St. Petersburg International Economic Forum.