At first glance, Singapore and Armenia appear to be vastly different, but they also have many things in common, such as being small countries that aspire to serve as gateways to the regions they are located in, said Prime Minister Lee Hsien Loong on Sunday (Sept 29).
RCEP is a proposed mega trade pact between the 10 Asean members, India, Australia, China, Japan, South Korea and New Zealand. According to initial estimates, it accounts for 25% of global gross domestic product, 30%
Vietnam supports the European Union (EU)’s efforts to strengthen Europe-Asia connectivity, Nguyen Van Binh, Politburo member and head of the Party Central Committee’s Economic Commission, said at the Europa Connectivity Forum in Brussels, Belgium, on September 27.
THE trade conflict between the United States and China may be benefiting the Philippines in the short run, but the country, as with fellow Southeast Asian countries, is bound to take a stronger hit from an overall slowdown in export demand if the tariff war is protracted.
Indonesia’s economy is expected to maintain a healthy growth rate in 2019 and 2020 on the back of continued strong domestic consumption, according to the Asian Development Bank (ADB).
Deputy Defence Minister Nguyen Chi Vinh and Deputy Foreign Minister Nguyen Quoc Dung co-chaired a working session in Hanoi on September 26 to review preparations for ASEAN Year 2020 and Vietnam’s assumption of a non-permanent seat in the UN Security Council.
Thailand’s Commerce Ministry has said it is ready to revise long-delayed free trade agreement (FTA) negotiations with the European Union (EU) and has scheduled public hearings nationwide before proceeding with proposals of the talks for cabinet approval by November.
A mechanism indicating fair, transparent and objective rules for ASEAN economies and their enterprises is needed to resolve trade issues when products are exported between markets.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
