The Federation of Malaysian Manufacturers (FMM) is advocating for the acceleration of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership’s (CPTPP) implementation.
The ASEAN Committee in Mexico City (ACMC) together with the Mexican business council for foreign trade, investment and technology COMCE has held a four-day working trip to the Mexican state of Veracruz in a bid to strengthen cooperation in trade, investment, tourism, agriculture, and seaports.
The RCEP agreement creates a free trade arrangement between ASEAN and Asia-Pacific nations, providing new trading opportunities through tariff reduction, new rules of origin, and trade-facilitation measures.
The strategic objective of Ursula von der Leyen’s Commission Presidency was made clearly and publicly: to be a ‘geopolitical’ Commission. Notwithstanding the COVID-19 pandemic – which has necessitated a pivot back to intra-EU politics – the Von der Leyen Commission has made progress on some of its geopolitical goals.
Financial chiefs from the Association of Southeast Asian Nations, China, Japan, and South Korea (A.S.E.A.N.+3) vowed to strengthen financial cooperation amid the COVID-19 pandemic. On May 3rd, the region’s finance ministers and central bank governors convened to pledge continued support for the countries most severely impacted by the pandemic. The ministers agreed to cooperate in effecting long-term and comprehensive solutions towards recovery after the pandemic recession.
Deputy Foreign Minister and head of the ASEAN SOM Vietnam Nguyen Quoc Dung and Japanese Deputy Foreign Minister Mori Takeo co-chaired the 36th ASEAN – Japan Forum on May 27.
There is a need to look at regulatory coherence across Asean-China to inject new impetus for business opportunities, said Asia-Pacific Economic Cooperation (Apec) secretariat executive director, Tan Sri Rebecca Fatima Sta Maria.
An economist is concerned that a gap in terms of contributions to the country's gross domestic product (GDP) between tourism-dependent provinces and agriculture-reliant provinces will become wider in the post-pandemic era.