Delegations led by Foreign Secretary Sohail Mahmood and Permanent Secretary of Thai Ministry of Foreign Affairs, Ambassador Thani Thongphakdi met virtually at the second round of Pakistan-Thailand Bilateral Political Consultations (BPC).
In the first quarter of 2020, major companies were predicting that 2020 would be another bumper year for profits. Asean’s growth rate was predicted at a high 5%, double the global average.
Cambodia and Singapore have reaffirmed their commitment to further strengthen their close relations and cooperation in all sectors, especially trade area.
The Philippines’s lowering tariffs on imported rice would open up opportunities for Vietnam to maintain stable supply of the product for the country and helping it stabilise the domestic market, the Vietnamese Ministry of Industry and Trade said.
Cambodia and Australia have reaffirmed their commitment to increase their two-way trade, advance their cooperation in the trade sector and other areas, especially their close relations.
Russia became part of the ASEAN Regional Forum in 1995 with the Association of Southeast Asian Nations (ASEAN) and became a full dialogue partner in 1996. Since then, two-way trade has increased modestly from US$500 million in 2005 to US$18.2 billion in 2019.
Foreign Minister Bui Thanh Son and Deputy Prime Minister and Foreign Minister of Thailand Don Pramudwinai agreed to implement measures to raise bilateral trade to US$25 billion soon during their phone talks on May 19.
Zhejiang Seaport Group recently signed a memorandum of understanding including terms of agreement with Rotterdam Port Indonesia and Pelindo I through a video conference, to further their cooperation on the project of Kuala Tanjung Port Industrial Park.