China has formally moved to join a Pacific trade pact involving Japan, Australia, Malaysia and other regional economies, the Chinese Ministry of Commerce said Thursday.
The Regional Comprehensive Economic Partnership (RCEP) is “crucial and timely” amid the joint efforts of China and ASEAN to overcome the challenges of the COVID-19 pandemic
Russia and the member-states of the Association of Southeast Asian Nations (ASEAN) intend to focus on trade and investment cooperation, digital transformation, and sustainable development, an official at the headquarters of the regional bloc of the organization told TASS on Wednesday.
Supportive policies and free trade deals will further unlock the growth potential between China and the Association of Southeast Asian Nations and give impetus to the global economy in the coming years, government officials and business leaders said.
The cabinet has greenlighted an economic stimulus and investment promotion package aimed at attracting wealthy foreigners and highly skilled professionals from overseas to help revive the economy post-Covid-19.
Japan and the Association of Southeast Asian Nations agreed Wednesday to step up their efforts toward economic recovery following the coronavirus pandemic that has weighed on industrial output.
India and the 10-member ASEAN bloc should strive to announce the review of the free trade agreement (FTA) between them before the year-end, Minister of State for Commerce and Industry Anupriya Patel suggested on Tuesday.
Vietnam will impose a zero percent tax rate on 31 commodities imported from Cambodia such as live poultry, poultry meat and by-products, lemons and rice.