To consolidate its emergence as a powerful trading bloc, ASEAN member states have been promoting special economic zones (SEZ) as a cornerstone for efforts to encourage more foreign investment.
Government officials, ambassadors, youth representatives, multicultural families, performers, and media professionals from Asean member countries and South Korea will board a train and travel around the East Asian country to foster mutual understanding, and strengthen bilateral relations.
No joint statement will be issued, as certain key issues are yet to be resolved, even after two days of intense negotiations on October 11 and 12, according to one of the sources.
The Philippines and seven other members of the Association of Southeast Asian Nations (Asean) will exchange customs and trade-related documents over a platform that is intended to facilitate cargo clearance and economic integration of Asean countries by year-end.
Agriculture and fisheries cooperation among members of the Association of Southeast Asian Nations (ASEAN) will help Brunei expand its economy and strengthen its diversification efforts, the country's Minister of Primary Resources and Tourism Haji Ali said on October 12.
Southeast Asia’s Internet economy is booming, driven by the ubiquity of mobile phones, rising Internet penetration and a growing middle class, according to a new report by Google, Temasek and Bain & Company.
Trade agreement between both nations aims to drive "greater connectivity" and bilateral economic relations, with cooperation touted to encompass several areas including e-payments, fintech, artificial intelligence (AI), and digital identity.
Negotiations on the details of the RCEP have been on since 2013, and all participating countries aim to finalise and sign the deal by November.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
