Prime Minister Nguyen Xuan Phuc and his Malaysian counterpart Muhyiddin Yassin discussed cooperation between the two nations and regional and international issues of common concern during their phone talks on June 23.
The 10th Meeting on the Regional Comprehensive Economic Partnership (RCEP) can be considered an opportunity for regional countries to affirm that they will soon be able to overcome the impact of the novel coronavirus (COVID-19) pandemic and restore multilateral trade mechanisms.
As the digital economy grows in support of life in lockdown, how should policymakers in Indonesia think about international data flows and governance?
The economic downturn caused by the Covid-19 lockdown in Malaysia may be deeper and longer than many analysts are predicting. New data is signalling a worse picture than was forecast by the government and Bank Negara Malaysia when planning the current economic stimulus and recovery packages.
Having undergone several rounds of negotiations since 2012 between 10 ASEAN member countries and 6 dialogue partners, the Regional Comprehensive Economic Partnership (RCEP) is considered the largest free trade agreement in the world as it covers a huge market of 24.8 trillion USD and more than 2.3 billion people.
The 36th ASEAN Summit will take place on June 23 in Vietnam against the backdrop of severely damaged business and investor confidence as an impact of the COVID-19 pandemic. Containing and mitigating the spread of the pandemic is the current priority of all ASEAN member states, along with a concerted effort to shore up public health systems.
Prime Minister Nguyen Xuan Phuc will preside over the opening, plenary and special sessions on women’s empowerment in digital age. He will also chair dialogues between ASEAN leaders and the ASEAN Inter-Parliamentary Assembly (AIPA), ASEAN youth representatives and ASEAN Business Advisory Council (ASEAN-BAC).
The Special Asean Summit (SAS) on April 14 emphasised the need for a collective response to COVID-19 that involves keeping the regional bloc’s markets open to trade.