The Thai Ministry of Commerce planned to propose on February 9 to the parliament the ratification of the Regional Comprehensive Economic Partnership (RCEP), the world's biggest free trade deal signed by 15 nations in Asia-Pacific in November 2020.
• In January 2021, Canada announced that it launched public consultations on a Comprehensive Economic Partnership Agreement (CEPA) with Indonesia.
Cambodia and Laos, and Cambodia and the Philippines have been committed to further boosting their cooperation, particularly in the trade sector.
Richard Maude, Senior Fellow at Australia’s Asia Society Policy Institute, has spoken highly of trade prospects of Southeast Asian nations against the backdrop of COVID-19.
CHINESE trade demand has jump-started recovery in the Asia-Pacific (APAC), although exports alone will not save South-east Asian economies.
An article published on the Singapore’s Straits Times on February 16 commented that even as Singapore's economy stays on the recovery track, enthusiasm over a significant growth acceleration is wearing off.
Cambodia and the United States of America have confirmed their commitment to continue strengthening their bilateral cooperation, especially in the field of trade.
Freight forwarders in Southeast Asia are set to benefit from a customs transit system that allows single declaration across multiple states.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
