Relations between the EU and some ASEAN member states have been tense in recent years because of the seafood trade, stemming from the European Commission’s (EC) sanctions related to the illegal, unreported and unregulated (IUU) fishing. As Chair of ASEAN 2020, Vietnam hopes to promote cooperation among ASEAN member states and address this issue to actively contribute towards better ASEAN-EU trade relations.
The Ministry of Foreign Affairs and International Cooperation said the Cambodian embassy in Washington has informed it that the US may cancel the Asean-US summit due to the outbreak of Covid-19.
To regain its advantage in Southeast Asia, Washington must redefine the terms of competition.
In the long run, the collaborations between Singapore firms and firms in the European Union (EU) will be more seamless, courtesy of the landmark trade pact between Singapore and the EU that became binding in November 2019. The pact emphasises key foundations like standardising and simplifying customs procedures.
The 12th meeting of the Committee of Permanent Representatives to ASEAN (CPR) and ASEAN+3 ambassadors to ASEAN took place at the ASEAN Secretariat’s headquarters in Jakarta, Indonesia, on February 27.
Laos has earned more from rice exports to China in the past few years due to trade preference arrangements between the two countries.
Indonesian Finance Minister Sri Mulyani Indrawati has forecast that Indonesia’s 2020 state budget deficit will potentially widen in the face of current global uncertainties.
A free trade agreement (FTA) between Cambodia and China is expected to be finalised in November in a move to boost trade between the two countries, the Phnom Penh Post reported
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
