On Monday, 26 April 2021, the UK and Indonesia concluded the first round of exploratory trade talks and committed to further strengthening their trade and investment links, which rose to a record level of £3 billion of bilateral trade in 2019, through a new joint trade dialogue.
Japan's parliament approved Wednesday the world's largest free trade deal, signed by 15 Asia-Pacific countries including China and the 10-member Association of Southeast Asian Nations, raising the possibility for the pact to enter into force later this year.
THE PHILIPPINES has agreed to explore areas of possible economic cooperation with Chile, raising the possibility of a first formal South American trade and investment arrangement.
Vietnam and Laos agreed to speed up the negotiation for the revision of the Vietnam – Laos Trade Agreement signed in 2015, with the target of completing it this year.
The Philippine economy is foreseen to grow by 4.5 percent this year and 5.5 percent in 2022, according to an Asian Development Bank report released Wednesday.
The Philippines made its first move to formally engage South America in trade and investment through the establishment of joint economic cooperation (JEC) with Chile, who also showed support for the country’s accession to the trans-Pacific deal.
THE economic recoveries in the US and China will benefit Malaysia and Asean markets with increased trade and investments despite the ongoing US-China tensions.
The Agriculture Ministry and Commerce Ministry will promote Thailand's farm exports by capitalising on free trade agreements (FTAs) which the government has entered into, deputy government spokeswoman Rachada Dhnadirek said.